India and the EU closer to free trade deal

13 February 2012

EU and Indian leaders have made "substantial progress" towards a free trade agreement.The two sides were holding a summit in Delhi to strengthen bilateral trade. The Indian prime minister Manmohan Singh believes a deal will be worked out at the "very earliest" possibility.

Negotiations on a free trade agreement between India and the European bloc have been taking place since 2008, but tariff and visa issues have hampered progress.

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