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

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VALENCIA, Spain Oct 20 — 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...

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“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.“There is an enormous interest from the member states, but only if there will be an access to the real market, without which the deal would be emptied.”

The European Union also expects to reach an agreement with the United States on steel trade by the end of the year, said Mendez.“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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