India in talks with EU for trade deal, open to pact with UK

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India in talks with EU for trade deal, open to pact with UK
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India has started trade talks with the European Union (EU) and is open to dialogue with the United Kingdom for a free trade agreement, the trade ...

NEW DELHI: India has started trade talks with the European Union and is open to dialogue with the United Kingdom for a free trade agreement, the trade minister said on Saturday , as Asia's third largest economy looks for new markets for its products.

"We're talking to the EU and I am in dialogue with the EU trade commissioner. I am looking for an early harvest deal. Open to discussions on a variety of subjects. It’s up to the UK and EU whoever picks up the gauntlet first," Goyal said. India pulled out of the Regional Comprehensive Economic Partnership last year due to fears over China's access to its markets and is looking for new ways to boost its exports.The country has also been raising trade barriers to block cheap imports from China and replace them with locally made goods for domestic consumption and exports.

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