- The European Union is India's largest trading partner, with bilateral trade reaching $49 billion in 2005-2006.
- To strengthen economic ties, India and the EU established a High Level Trade Group in 2005 to explore a bilateral trade agreement.
- The HLTG recommended in 2006 eliminating duties on 90% of products within 7 years and substantially liberalizing trade in services and investment between the two partners.
- Since 2007, India and the EU have been negotiating a broad-based bilateral trade and investment agreement, with working groups established to discuss issues like goods, services, investment, and non-tariff measures.
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Presentation On Report Of India Eu High Level Trade
1. PRESENTATION ON INDIA –EU TRADE AND INVESTMENT AGREEMENT NEGOTIATIONS Department of Commerce Government of India 24.08.2007 Patna
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3. EU comprises of a group of 27 countries and is India’s largest trading partner. The group comprises of : United Kingdom Malta France Sweden Luxembourg Finland Spain Lithuania Estonia Slovenia Latvia Denmark Slovakia Italy Czech Republic Romania Ireland Cyprus Portugal Hungary Bulgaria Poland Greece Belgium Netherlands Germany Austria
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