India, July 16 -- The coming months will be crucial for India's global trade relations, as the government intensifies negotiations with major partners such as the European Union (EU), the United States, and the ASEAN bloc, officials from the Ministry of Commerce and Industry said on Tuesday. During a press briefing, Special Secretary Satya Srinivas said that significant progress has been made in some talks, while others are moving more slowly than expected.

"The 12th round of negotiations with the EU was held last week and was very productive," Srinivas stated. He said both sides have now exchanged their market access offers for goods and services. "Some parts of the deal, known as 'chapters,' have been finalised, while discussions conti...