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India-EU FTA talks: 13th round sees little progress on farm, auto sectors

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[ad_1] India and the European Union did not make much progress in sensitive areas such as automotives and agricultural products in the 13th round of negotiations for a proposed free trade agreement (FTA), the EU said in a statement on Tuesday.The latest round took place in New Delhi on September 8-12 wherein negotiators reached clarity on their respective interests in market access for both industrial and agriculture goods. "While some progress was made in certain outstanding areas, in particular on rules of origin, Sanitary and Phytosanitary Measures (SPS) and investment, no additional chapter could be closed this time," the EU said.While in depth discussions were held based on the market access offers for services and investment exchanged in July, the EU said in the rules of origin chapter, sectors including agriculture, chemicals, machinery, steel and cars are yet to be agreed upon.The EU's Commissioner for Trade and Economic Security Maros Sefcovic and Christop...