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

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 78%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Market News

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 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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow loses nearly 300 points after bond market pummeling: Stock market news todayInvestors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks tumble amid bond market pummeling: Stock market news todayInvestors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

EU only wants free trade deal with India that gives it 'real' market accessExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

India central bank to conduct open-market bond sales to absorb durable liquidity, sources sayMarket News
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

India cenbank sold net $3.86 billion in spot forex market in AugustExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

US futures reach for gains amid surging Treasury yields: Stock market news todayInvestors were treading carefully as the US 10-year yield nudged 5%, with more earnings and a speech by the Fed's Jerome Powell in focus.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »