The long-awaited Free Trade Agreement (FTA) between India and the European Union appears to be entering its final stages, with industry leaders and diplomats expressing high optimism during the World Economic Forum in Davos.
Albares, while delivering his opening remarks, said that Spain is keen to join Indo-Pacific Ocean Initiative and is keen to work bilaterally with through the European Union.
EU Commission President Ursula von der Leyen stated that the EU is close to finalising a free trade deal with India. She will visit India next weekend, as EU leaders attend India's Republic Day celebrations and co-chair the India-EU Summit, aiming to deepen strategic and economic ties.
Polish Prime Minister and Minister of Foreign Affairs Radoslaw Sikorski, outlining the importance of his visit to India, said that Poland has faced "increased tariffs" and seeks new trade partners, focusing on the need to create a free trade environment.
Ambassador of Italy to India, Antonio Bartoli, emphasised the "reliable" partnership between Rome and New Delhi and said it will be further enhanced by the conclusion of the European Union-Indian Free Trade Agreement.
European Council President Antonio Costa and European Commission President Ursula von der Leyen will visit India to represent the EU at the 16th EU-India Summit, scheduled for January 27.
German business is eagerly looking forward to having this Free Trade Agreement (FTA), and India is a key partner for Germany, said Philipp Ackermann, German Ambassador to India while speaking to ANI on Friday. This statement comes ahead of the official visit of the Federal Chancellor of t
David van Weel, on a three-day visit to India, noted that FTAs with like-minded partners have become increasingly significant amid disruptions to global trade and supply chains