Talks on trade with India to start once circumstances are right: EC chief

India has terminated previous investment treaties with European nations in favour of a proposed model BIT

Negotiations on the proposed trade and investment pact between India and the European Union (EU) will restart "once circumstances are right for both parties", European Commission President Jean-Claude Juncker said on Friday.

Juncker told the media on the third and last day of his three-day visit to India that talks should not start for the sake of starting over.

He stressed that further discussions with Commerce and Industry Minister Suresh Prabhu will happen later this week on the sidelines of the World Trade Organization's mini-ministerial taking place in Morocco on October 8-9.

The Bilateral Trade and Investment Agreement