New Delhi, May 12 -- : India and the European Union (EU) will kick off the next round of talks on the proposed free trade agreement (FTA) here on Monday as the two sides are moving ahead for an early conclusion of the first phase of the pact, a senior official has confirmed. The Commerce Secretary has held a review meeting with senior officials in the run-up to the talks which will last till May 16.
The EU wants India to lower tariffs on cars, wine and whiskey as well as some agricultural products. India, on the other hand, wants greater market access and lower tariffs for key exports, including pharmaceuticals, textiles and apparel.
The EU is of one of India's largest trading partner, accounting for 124 billion euros of trade in goods in...