Indian PM meets with EU head to discuss free trade
Friday, Feb 10, 2012 Filed Under :Planet Talk Card News
Anyone hoping to make cheap international calls to India might be interested to learn the prime minister has met with the president of the European Union to further talks on a free trade agreement.
As India and the EU work to broach an agreement that would enable easier trade between the two areas, obstacles to the discussion include visas issues, which prevent Indians from entering the EU to work.
Concerns were also raised over whether an agreement would compromise security in the two regions, while tariff costs were another red flag issue on the agenda.
EU president Herman Von Rompuy said: “Today we discussed the economic situation in Europe and in India.
“I have explained to the prime minister the comprehensive package of measures the EU has taken to preserve the stability of the euro zone and to promote jobs-friendly economic growth.”
The head of the EU also highlighted the fact that the region was India’s biggest trading partner, with the overall value of trade between the two regions totalling 84 billion euros (£70 billion) in 2010.
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