eu trade guilds call for euindia agreement
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

EU trade guilds call for EU-India agreement

Arab Today, arab today

Arab Today, arab today EU trade guilds call for EU-India agreement

Brussels - XINHUA

Fifteen European business organizations issued a joint statement Friday, calling for both the European Union (EU) and India to speed up free trade agreement (FTA) talks towards an ambitious trade agreement. The statement was issued ahead of the EU-India Summit slated on Monday. The statement called for a FTA that would include the elimination of tariffs, technical barriers, as well as the removal of all export restriction or duties on raw materials. It also called for guarantees on market access for goods and services, investment protection, public procurement including removal of local contents requirements, a meaningful intellectual property chapter, competition and sustainable development. "We strongly believe that in order to keep pace with the increasing importance of bilateral trade, the EU and India have to create an even more business-friendly environment by removing trade barriers and further opening up markets," said Philippe Vandendaele, Managing Director of Public Affairs of Foreign Trade Association, one key initiator of the statement. The value of EU-India trade in goods and services grew from 28.6 billio euros (37.3 billion U.S. dollars) in 2003 to 98 billion euros in 2011. The EU investment in India also tripled during the same period from 759 million euros to 3 billion. However, both sides witnessed some serious trade and regulatory barriersthat hindered further growth of trade. "Many studies show that the removal of those obstacles through a trade agreement would generate important gains for both parties." The statement said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu trade guilds call for euindia agreement eu trade guilds call for euindia agreement

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu trade guilds call for euindia agreement eu trade guilds call for euindia agreement

 



GMT 03:07 2017 Wednesday ,25 January

Health care veterans, pioneers awarded

GMT 05:44 2017 Saturday ,11 November

Business as usual as Hamilton dominates Brazil practice

GMT 11:08 2018 Thursday ,25 October

Russia to be at very high level at conference on Libya

GMT 15:00 2012 Saturday ,21 April

Nelly Karim: Egypt akin to \'Hiya Fawda\'

GMT 03:02 2018 Saturday ,20 January

Egypt's President Sisi says will stand for re-election

GMT 00:51 2017 Tuesday ,24 October

HH the Emir Meets Foreign Minister of Kuwait

GMT 05:42 2017 Saturday ,02 September

64 dead in clashes in Raqa province

GMT 00:08 2017 Sunday ,05 March

Desperate migrants escape Libya 'hell'

GMT 19:24 2016 Saturday ,12 November

Israeli air forces attack Syrian position in Qunaitera
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday