Home breadcru News breadcru Policy breadcru Sweden to takeover EU presidency on Jan 1; to push for India-EU FTA

Sweden to takeover EU presidency on Jan 1; to push for India-EU FTA

11 Dec '22
1 min read
Johan Forssell. Pic: Alexandros Michailidis / Shutterstock.com
Johan Forssell. Pic: Alexandros Michailidis / Shutterstock.com

Early finalisation of India-EU free trade agreement (FTA) is among the priorities of Sweden when it will take over the rotating presidency of the Council of the European Union for a six-month period from January 1 to June 30 next year. The Scandinavian country will also work on the 18-month programme jointly drafted with its predecessors France and the Czech Republic.

Sweden will act as an “honest broker” and will do its best to conclude FTA negotiations, the visiting Swedish foreign trade minister Johan Forssell told journalists in India. Forssell also discussed the FTA with Indian commerce minister Piyush Goyal during his India trip.

Stating that India’s growth story has just begun, Forssell, who took office under the new Swedish government on October 18 this year, said that Sweden wants to be a part of the story.

The negotiations for India-EU FTA re-started in June 2022. They were launched in June 2007 but were suspended in 2013 after several rounds of talks as both sides failed to agree on crucial issues, including the movement of professionals and tariffs on certain goods.

ALCHEMPro News Desk (RKS)

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