After more than eight years of stalled negotiations on a comprehensive EU-India trade agreement, the two are set to formally restart talks from mid-June.
The EU is India’s third-largest trading partner, after the US and China, while Delhi is only number ten on the list of the bloc’s most important trade partners, measured by the value of traded goods and services.
For India, meanwhile, the ability to export IT services, and agricultural goods, but also secure access for its industrial products are important, some of them having been affected by EU regulations and standards.