India, EU push to finalize FTA in Dec
New Delhi, Oct. 26 -- India and the European Union (EU) are working to meet a December deadline to sign their free trade agreement (FTA), with the European Commission proposing an expedited approval process for helping clear the way for the deal, people familiar with the discussions said.
The signing is being targeted for around December 17-18 in Brussels, coinciding with Prime Minister Narendra Modi's expected visit, they said.
The Commission has urged the Council of the European Union to expedite approval of the agreement, whose negotiations were concluded on January 27, as both sides seek to move ahead amid global geopolitical uncertainty, the people said, requesting anonymity.
The proposal, according to the people, would allow the appro...
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