drishti current affairs today Published this article the eu is indias largest regional trading partner with bilateral trade in goods at 88 billion in 2016. the eu is also the largest destination for indian exports and a key source of investment and technologies. india received around 83 billion of fdi from europe during 2000—17 which constituted approximately 24 per cent of the total fdi inflows into the country during the period. deadlock in broadbased trade and investment agreement btia) the deadlocked is due to issues including indias pitch for a data secure status important for indias it sector to do more business with eu firms) as well as to ease norms on temporary movement of skilled workers. there are differences over the eus demands on elimination of indias duties on goods such as automobiles and wines and spirits. eu is keen on finalization of an indiaeu bilateral investment treaty bit) before the relaunch of the fta talks while india wants to make investment protection a part of the negotiations on the proposed comprehensive fta. indiaitaly relations italy is indias fifth largest trading partner in the eu with a bilateral trade of usd 8.79 billion in 201617 drishti current affairs buy online.
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