New Delhi, Jan. 15 -- As many as 20 out of 24 chapters under the ambitious India-EU FTA have been finalised, with a few issues remaining under ongoing negotiations, Commerce Secretary Rajesh Agrawal said Thursday.

The commerce secretary said both parties are "virtually engaged on a day-to-day basis", and are trying to see if we can meet the timeline before the leaders can meet, he said.

The India-EU summit is scheduled for January 27.

"We have closed 20 out of 24 chapters completely, there are few issues which are still ongoing negotiations, which we are virtually engaged on a day to day basis, and we are trying to see if we can meet the timeline before our leaders can meet," the secretary said.

The Secretary further resolved that the...