This Division deals with India’s trade and economic cooperation with European Union region and some of its member countries viz, UK, Germany, Spain, Netherlands, Portugal, France, Italy, Belgium, Luxembourg and Ireland.
The Division is headed by Joint Secretary and is assisted by the following officials :-
(Value: US$ Million)
(Source: DGCI&S, Kolkata)
India and EU are negotiating a broad-based Bilateral Trade and Investment Agreement (BTIA) covering various tracks ranging from Trade in Goods to Trade in Services. India –EU BTIA has not concluded despite 16 rounds of negotiations. In order to proceed with the negotiations, after EU showed interest, two rounds of stocktaking meetings have taken place on 18th January, 2016 and 22nd February, 2016.
India-EU relations date to the early 1960s, with India being amongst the first countries to establish diplomatic relations with the European Economic Community. A cooperation agreement signed in 1994 took the bilateral relationship beyond trade and economic cooperation.
The EU as a bloc of 28 countries is India’s one of the largest (3rd) regional trading partner while India was the EU’s 9th largest trading partner in 2014. India’s overall bilateral trade with European Union for the period 2015-16 is 88.13 US$ billion comprising of India’s exports to EU is 44.60 US$ billion (17.02% of India’s exports) and imports 43.53 US$ billion (11.44% of India’s imports).
India has established Institutional mechanisms with European Union and its member countries. These institutional mechanisms are handled by Department of Commerce at various levels.
The EU continued to be one of the largest sources of Foreign Direct Investment (FDI) for India with FDI inflows from the EU to India valued at US $ 72.77 billion from Apr 2000-Feb 2016.
Name, Designation and other particulars of the CPIO in respect of FT (Europe-I) Division may be changed under Section 4 of RTI - Act (Mandatory Disclosures) :
Dr. Ishita G. Tripathy, Director, R. No. 225Udyog Bhavan New Delhi-110107Tel. No. 23061624email:- firstname.lastname@example.org
..as on 06.05.2016
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24 Mar 2017)