Trade Minister Piyush Goyal said sectors such as gems, textiles
and agriculture have pushed for a trade pact with the EU. German
Chancellor Angela Merkel has also called for talks to restart to
finalize an agreement.
"We should engage in a FTA with the EU," Goyal told a news
conference where he explained the reasons for not joining the
Regional Cooperative Comprehensive Economic Partnership (RCEP)
that 15 nations concluded on Monday.
Goyal said India had put forward "strong demands" on services,
investments leading to the prolonged negotiations for the RCEP,
which includes the 10-member Association of Southeast Asian
Nations (ASEAN), Japan, South Korea, Australia and New Zealand,
(Reporting by Neha Dasgupta; Writing by Sanjeev Miglani; Editing
by Alison Williams)
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