Decks cleared for India-EU trade accordDecember 9th, 2010 - 10:10 pm ICT by IANS
By Sarwar Kashani
Brussels, Dec 9 (IANS) India and European Union negotiators have “cleared the decks” for finalising a key free trade agreement that is expected to give a fillip to the economic ties between the two sides, an official said Thursday.
“Essentially, the decks have been cleared,” said the official, who has been closely monitoring the protracted negotiation of the accord that will increase bilateral business volumes to 100 billion euros from the present 70 billion euros.
The pact is likely to be inked by March-April 2011.
The official’s comments came even as Prime Minister Manmohan Singh arrived in the Belgian capital at the head of an Indian delegation for a summit with the European Union. He goes on a day-long visit to Berlin Saturday.
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