STOCK MARKET BSE NSE

India pitches for 'data secure' status at EU trade talks

Published: 16th April 2013 05:40 PM  |   Last Updated: 16th April 2013 05:40 PM   |  A+A-

Anand_Sharma_PTIO
By IANS

India and the European Union (EU) failed to make any substantive progress in their trade and investment talks in Brussels as the two sides stuck to their long-standing demands during the ministerial meeting.

India made a strong pitch for declaring it as a "data secure country" that will help boost software exports. Commerce and Industry Minister Anand Sharma underscored the country's interest in IT and movement of Indian professionals and the importance of getting a good package on services.

The EU conveyed its strong interest in financial services, automobile sector, wines and spirits and cheese, according to a statement released by the commerce ministry here Tuesday.

"EU also sought assurance on the facilitation of registration of their Geographical Indicators," the statement said.

Sharma co-chaired the talks with EU Trade Commissioner Karel De Gucht and Agriculture and Rural Development Commissioner Dacian Ciolos.

The discussion took place just three days after Prime Minister Manmohan Singh and German Chancellor Angela Merkel showed their commitment for the deal. Analysts were expecting some substantial progress on the deal after assurances from the top leadership.

The next ministerial meeting for the India-European Union broad-based trade and investment agreement is scheduled to take place in June.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp