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8/3/12

Belgium expects India-EU FTA talks to conclude by year end

Belgium today hoped the ongoing negotiations for India-EU free trade agreement will conclude by end of this year, as it sought access to the country's public procurement market.

"I hope that by end of this year, we will be able to conclude the negotiations," Belgium Deputy Prime Minister and Minister of Foreign Affairs Didier Reynders said here at a Ficci function.

Reynders said that it is important to sign this agreement to boost economic ties between India and European Union (EU). "We are not asking India to give more concessions but the agreement should be balanced. We need real access in public procurement," he said.

The two sides are learned to have agreed to open government procurement market for each other and include it in the proposed pact.

Read more: Belgium expects India-EU FTA talks to conclude by year end - PTI

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