Wednesday, 1 February 2012

India, EU making good progress on trade pact

India and the European Union are making steady progress towards concluding the ambitious bilateral trade opening pact on goods, services and investment.

This was disclosed by Commerce and Industry Minister Anand Sharma during a panel discussion at the World Economic Forum, WEF meeting in Davos, Switzerland yesterday.

He said, it will have a positive impact not just for India and the EU, but for others also, as it will help keeping the global economy robust.

Sources said, the annual India-EU Summit is slated to be held in the second week of February in New Delhi and some announcements regarding the trade pact is expected.

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