Both also discussed the progress of a proposed bilateral free trade agreement (FTA), a release from the Indian commerce and industry ministry said.
Indian commerce and industry minister Piyush Goyal, in a recent video conference with Maros Sefcovic, European commissioner for trade and economic security, raised the issue of Indian industry facing barriers in the EU markets and urged the latter to address the problem.
Both also discussed the progress of a proposed bilateral FTA.
Nine rounds of negotiations related to the planned FTA are over.
“Minister Goyal underlined that non-tariff barriers were impeding trade and emphasised the need to address long pending issues as a confidence-building measure,” the release said.
Both sides agreed to explore a balanced, equitable, ambitious and mutually-beneficial FTA, it added.
Nine rounds of negotiations related to the planned FTA are over.
Fibre2Fashion News Desk (DS)
