India and the European Union (EU) finally restarted the negotiations for the long-pending trade and investment agreement on Friday after a gap of over eight years.
The negotiations took place in Brussels, over a year after India and the EU announced to resume the talks for a balanced and comprehensive trade pact.
"Minister (Piyush) Goyal and I have just concluded a productive meeting. Today we formally resume EU-India negotiations towards a free trade agreement, and begin negotiations on an investment protection agreement and an agreement on geographical indications," EU trade commissioner Valdis Dombrovskis said.