EU only wants free trade deal with India that gives it 'real' market access

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SaltWire's Atlantic regional weather forecast for October 20, 2023 | SaltWireVALENCIA, Spain - European Union member states want to close a free trade deal with India, but only if it grants real access to the Asian country's markets, Spanish Deputy Trade Minister Xiana Mendez said on Friday at an EU meeting chaired by her country.

"We've felt a political impetus on India's behalf and we want to reinforce the negotiations," said Mendez who represented the Spanish rotating presidency of the European Council at a meeting of trade ministers in the Spanish city of Valencia. The EU is seen wanting greater access to Indian markets for its cars, alcoholic drinks and agri-food products such as cheese, while India is seen benefiting more in services and would like easier visa access to the EU for Indian professionals.

"We knew it wouldn't be possible to reach a solution today ...The solution has to be sophisticated and complex. The main proposal is to finalise the deal with the United States before the end of the year," she said.

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