India, EU to re-launch free trade talks: What PM Modi, EU leaders discussed

Video Credit: HT Digital Content

Published on May 8, 2021 - Duration: 07:32s

India, EU to re-launch free trade talks: What PM Modi, EU leaders discussed

India and the European Union (EU) on Saturday announced their decision to resume negotiations for a balanced and comprehensive trade agreement after a gap of eight years and unveiled an ambitious connectivity partnership, during a virtual meeting between Prime Minister Narendra Modi and leaders of 27 member nations of the bloc.

In his remarks, Modi invited the EU to support a proposal by India and South Africa to waive patents on COVID-19 vaccines so that there can be equitable vaccine access for the entire world, officials said.

The meeting, participated by leaders of EU member states as well as the top leadership of the EU, also decided to launch negotiations on two other key agreements on investment protection and geographical indications.

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