Ministers and high-level representatives from India and the European
Free Trade Association (EFTA) States (Iceland, Liechtenstein, Norway, and
Switzerland) gathered in New Delhi 26 April to discuss the prospects
of resuming their negotiations towards a Trade and Economic Partnership
Agreement (TEPA).
The high-level delegations were composed of Shri Piyush Goyal,
Minister of Commerce & Industry, Consumer Affairs & Food & Public
Distribution and Textiles of India; Jan Christian Vestre, Minister of Trade and
Industry of Norway; Helene Budliger Artieda, Swiss State Secretary at the State
Secretariat for Economic Affairs SECO; Martin Eyjólfsson, Permanent Secretary
of State of Iceland at the Ministry for Foreign Affairs; Kurt Jäger, Ambassador
and Permanent Representative of Liechtenstein to EFTA, WTO and the UN in
Geneva; and Henri Gétaz, Secretary-General of the European Free Trade
Association.
The meeting provided an opportunity for both sides to exchange views on
the state of play of their negotiations and explore ways to advance the talks. The participants acknowledged the
challenges posed by the current global economic and trade environment, as
well as the need to address the bilateral trade and economic partnership issues
in a constructive and pragmatic manner.
Both sides agreed to continue their efforts to resolve all outstanding issues and work towards deepening and strengthening the economic partnership, while contributing to a more inclusive global trading system.