Germany’s full weight behind India-EU FTA: FM Wadephul
German Foreign Minister Johann Wadephul has reaffirmed his country's commitment to finalising the Free Trade Agreement (FTA) between India and the European Union as soon as possible.
German Foreign Minister Johann Wadephul has reaffirmed his country's commitment to finalising the Free Trade Agreement (FTA) between India and the European Union as soon as possible.
Union Minister for Commerce Piyush Goyal, External Affairs Minister (EAM) and the Union Minister of State for Electronics and Information Technology (MeitY) will be the co-chairs of the meeting on the Indian side.
The India-Australia Economic Cooperation and Trade Agreement, which would give a big boost to especially textiles, gems, jewellery, and pharmaceuticals sectors, is expected to create new 10 lakh jobs, said Union commerce minister Piyush Goyal.
According to Australian law, the India-Australia Economic Cooperation and Trade Agreement (AI-ECTA) needs ratification by that country's parliament before its implementation.
The Free Trade Agreement (FTA) between the United Kingdom (UK) and India is expected to be closed by March 2023, a source from the commerce ministry said on Tuesday.