EU and India set to revive trade deal talks
The EU and India plan to revive long-stalled talks on a comprehensive trade deal as they seek to deepen economic ties and respond to China’s rise.
The two sides could announce as soon as Saturday the relaunch of negotiations that were suspended in 2013 amid disagreements over tariff rules for car parts and free-movement rights for professionals.
The resumption of talks between two of the largest economies in the world has risen as a priority for both sides in recent months as they grapple with the challenges posed by the rise of China and its model of state-backed capitalism, and the economic damage wrought by the coronavirus pandemic.
The move was discussed on a call on Monday morning between European Commission president Ursula von der Leyen and Indian prime minister Narendra Modi, according to a senior commission official.
Assuming the commission does not…