New Delhi, Feb. 28 -- The newly concluded free trade agreement (FTA) between India and the European Union includes a detailed annexure outlining "model mediation procedures" to help resolve trade disputes through an expedited and mutually agreed process.

The conclusion of negotiations was announced on January 27, with the agreement expected to be signed after legal scrubbing. Officials have indicated it could be implemented next year.

"These FTA texts may undergo further modifications as a result of the process of legal revision/scrub. The texts will be final upon signing," the agreement text states.

According to the text, either party can request mediation if it believes a measure taken by the other side adversely affects trade.

"A P...