India and the European Union will work to seal a long-pending trade deal at the earliest opportunity, New Delhi said yesterday, after concluding another round of talks amid signs that a year-end deadline may slip.
Indian Commerce Minister Piyush Goyal met an EU delegation led by European Commissioner for Trade and Economic Security Maros Sefcovic on Monday, as the two sides continued efforts to conclude the pact, the statement said.
Both sides have been pushing to close a broad trade deal after European Commission President Ursula von der Leyen and Prime Minister Narendra Modi agreed earlier this year to fast-track negotiations towards a year-end target.
Once implemented, the pact could further lift India-EU bilateral trade, which reached 120 billion euros ($139.75bn) in 2024, with the balance in India’s favour.
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