3rd India-EU High-Level Dialogue on Trade and Investment

Aug 28: The 3rd High-Level Dialogue (HLD), co-chaired by the Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles Shri PiyushGoyaland the European Commission Executive Vice-Presidentfor an Economy that Works for People& Trade Commissioner Mr. Valdis Dombrovskis, was held on 26th August, 2023.

The HLD is an outcome of the decision taken at the 15th India-EU Leader’s Summit held in July 2020, with an objective of Ministerial level guidance towards bilateral trade and investment relations.

During the discussion, in the HLD, the Ministers took stock of the ongoing three negotiations between India and the EU i.e. India-EU Free Trade Agreement; a standalone Investment Protection Agreement; and a Geographical Indications Agreement. The Ministers acknowledged that both sides have made good progress in the ongoing three negotiations.

The Ministers broadly discussed the market access issue of both sides and reviewed the progress made so far under the India-EU Trade and Technology Council. The upcoming MC-13 matters were also briefly discussed during the meeting.

Shri Piyush Goyal appreciated the visit of the European CommissionEVPMr. Valdis Dombrovskis and extending his support for the recent G20 Trade and Investment Minister’s Meeting held in Jaipur on 24th -25th August 2023.

The meeting concluded with both Ministers expressing confidence in the ongoing three negotiations and committing themselves towards deepening the India-EU commercial and economic partnership.

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