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10/9/06

Economy & Policy-Last-minute hiccups over Indo-EU trade pact

Economy & Policy:

"Last-minute hiccups over Indo-EU trade pact
Monica Gupta / New Delhi October 10, 2006
The broad-based trade and investment agreement between India and the European Union, which was proposed to be announced at the India-EU summit in Helsinki later this week, has run into trouble.

Certain sections of the European Commission are seeking a comprehensive agreement which, in addition to trade, will also include political and social issues such as non-proliferation, child labour and the environment.

Indian officials said hectic parleys were on between the two sides to reach an agreement before the India-EU summit in Helsinki on October 12-13, which Prime Minister Manmohan Singh will attend."

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