India and the European (EU) Union hope to finalise a comprehensive free trade deal by 2024, EU ambassador to India Ugo Astuto said on Friday.
“The timeline has been set, keeping in mind the next general elections that is expected in 2024 for both India as well as the EU. The trade pact is expected to be finalised before the
elections,” Astuto told reporters.
Negotiations are expected to kick start in June, after the World Trade Organisation’s (WTO’s) 12th ministerial meeting.
Earlier this month, a team of officials led by Commerce Secretary BVR Subramanyan were in Brussels to set the roadmap for the trade