EU memo on FTA notes India's agri sensitivities
New Delhi, March 1 -- A European Union (EU) memo on the India-EU free trade agreement (FTA) acknowledged the "very high level of protection and the sensitivities of India" while balancing interests in the agri-food sector. Meanwhile, the provisional FTA text records the bloc's commitment to the "mobilisation of financial resources" to help India reduce greenhouse gas emissions.
Summarising the FTA in a memo, the EU said: "In the agri-food sector, considering the very high level of protection and the sensitivities of India, the agreement is balanced because it opens market access in key export interests while preserving sensitivities." India and the EU published the provisional text on Friday without disclosing the tariff schedule, which wil...
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