India willing to resume negotiations with the EU "as soon as possible"

India today moved to the European Union (EU) its willingness to resume "as soon as possible" negotiations to reach a Comprehensive Trade and Investment Agreement (BTIA), which remain suspended since 2013.

New Delhi, Nov 14 (EFE). - India today transferred to the European Union (EU) its willingness to resume "as soon as possible" the negotiations to reach a Comprehensive Trade Agreement. Investments (BTIA), which have been suspended since 2013.

"At a meeting of the negotiating heads that took place today in New Delhi, India expressed its desire to retake the Treaty of Free Trade, India-EU BTIA as soon as possible, "the Indian Commerce Department reported on its Twitter account.

The meeting of the negotiating teams takes place just over a month after the President of the European Commission, Jean-Claude Juncker, and the President of the European Council, Donald Tusk, made an official visit to New Delhi.

Then, Juncker He said that "once the conditions are right and only when the conditions are right" the suspended negotiations would resume.

The European Union and India began the negotiations for the signing of a free trade agreement in 2007, but both parties have not managed to iron out their differences and bring their positions closer.

Among the key lines, the EU intends to export with low tariffs and reduced rates both automobiles and spirits, wine, dairy products, as well as protect in that market its property regime intellectual.

India is concerned about its large automotive sector and others that could be affected by this opening, and New Delhi wants agreements in other areas such as the related to visas.

The EU is already the main trading partner of India, with 13.7% of the total trade of the Asian country, ahead of China (11%) and the United States (9, %).

India, for its part, is the EU's ninth commercial partner from which it bought goods worth 37.8 billion euros in 2016.

The total exchange between last year amounted to 77,000 million euros.