India-EU FTA likely this year, says Sharma

India is hopeful of signing the Free Trade Agreement with the European Union this year and negotiations are at an “advanced stage”, Commerce and Industry Minister Anand Sharma said. “We are in advanced stages in negotiations for signing the Free Trade Agreement with the European Union. It will happen this year,” Sharma said.

The proposed FTA would be beneficial to the Indian industry, he said, adding, the government was also proposing to sign similar agreements with Canada, New Zealand and Australia. “We are also looking to sign (FTAs) with New Zealand, Canada and Australia,” he said.

In reply to a question on the BJP demanding the resignation of Union textiles minister Dayanidhi Maran, he merely said, “It is for the concerned person to respond.” 

Reacting to Baba Ramdev going on indefinite fast against corruption and black money, he said his colleagues in the government had been talking to those who had opted to sit on fast, without elaborating. “I will be very happy if all those who believe in activism take up larger issues like unemployment, poverty eradication, illiteracy and female infanticide,” he said.

 

Share this:
Tags:

About Jessica Priston

Ut tellus dolor, dapibus eget, elementum vel, cursus eleifend, elit. Aenean auctor wisi et urna. Aliquam erat volutpat. Duis ac turpis. Integer rutrum ante eu lacus. Vestibulum libero nisl, porta vel, scelerisque eget, malesuada at, neque. Vivamus eget nibh. Etiam cursus leo vel metus. Nulla facilisi. Aenean nec eros.

  • Website
  • Google+
  • Rss
  • Pinterest
  • Instagram
  • LinkedIn
  • Vimeo
  • Youtube
  • Flickr
  • Email

Related News

  • Cashback site Cashkaro now offers restaurant discounts

    India’s e-commerce market looks large and lucrative enough from the outside, but insiders know it is very challenging. In fact, the number of e-commerce sites and businesses is growing so fast here today that the competition is cut-throat. This

  • What is Viscose Material? Advantage and disadvantage of viscose.

    Viscose is a unique form of wood cellulose acetate used in the nnmanufacture of a number of different products. This includes items for nnthe medical industry, though it is perhaps most common as a major nningredient in the production of the fabric r

  • Honda launches new CBR 250R bike
    Honda launches new CBR 250R bike
    July 01, 2014 5:50 am

    New Delhi: Honda Motorcycle & Scooter India (HMSI) launched a new edition of its global sports performance bike CBR 250R priced between Rs 1.56 lakh and Rs 1.86 lakh (ex-showroom Delhi). The 2013 edition CBR 250R is available for sale across a

  • Zara has opened store at Ambience mall, Gurgaon

    Zara, has opened its new store at Ambience mall, Gurgaon. Spread over 28,000 sq.ft. across two floors the store has taken the space earlier occupied by Debenhams. With this Zara now has twelve stores in India. It is present in 86 countries with