Economics · International Trade and Bilateral Treaties
With reference to the proposed India-European Union Free Trade Agreement (FTA), consider the following statements: I. It is intended to expand market access between India and the European Union in goods trade, though negotiations involve sector-specific sensitivities. II. Tariff-related issues concerning products such as automobiles and alcoholic beverages have figured among the major negotiating points. III. One of India's objectives in the negotiations has been to secure improved access for its products in the European market. Which of the statements given above are correct?
- 1I, II and III✓
- 2I and III only
- 3II and III only
- 4I only
Correct answer
I, II and III
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