Foreign Trade (Europe)
A. Functions
The Division deals with India’s trade and economic cooperation with 38 Countries of Europe region, divided mainly into three Groups:
- European Union : Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherland, Poland, Portugal, Romania, Slovak Rep, Slovenia, Spain, Sweden, and UK [till the BREXIT transition period ending on 31.12.2020]
- European Free Trade Agreement: Iceland, Liechtenstein, Norway and Switzerland
- Other European Countries: Albania, Bosnia-Herzegovina, North Macedonia, Montenegro, Serbia, and Turkey
B. Officers in the Division:
The Division is headed by Joint Secretary and is assisted by other officials :-
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Sl No.
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Name of the Officer
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Designation
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Contact Details
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1.
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Ms. Nidhi Mani Tripathi
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Joint Secretary
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R. No. 287-B, Udyog Bhawan
Tel:23061971
Email: tnidhim@ias.nic.in
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2.
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Shri Anurag Sehgal
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Deputy Secretary
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R. No.223-D, Udyog Bhawan
Tel: 23061810
Email: sehgal.anurag@nic.in
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3.
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Shri Y.P. Dhewal
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Deputy Secretary
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R. No. 219, Udyog Bhawan
Tel: 23063365
Email: dseurope-doc@gov.in
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4.
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Vacant
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Under Secretary
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R. No.19-A, Udyog Bhawan
Tel: 23063943
Email: us4euro-doc@nic.in
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5.
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Shri Pushpendra Kumar Sharma
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Under Secretary
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R. No. 19-A, Udyog Bhawan
Tel: 23063943
Email: us1euro-doc@gov.in
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6.
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Shri Vinod Kumar
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Under Secretary
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R. No.19-A, Udyog Bhawan
Tel: 23063943
Email: us3euro-doc@gov.in
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7.
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Shri Aditya Narayan
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Under Secretary
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R. No.19-A, Udyog Bhawan
Tel: 23063943
Email: us2euro-doc@gov.in
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C. Trade Statistics of the Territory
(i) Trade with EU, EFTA, and Other European Countries
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Trade with EU, EFTA, and Other European Countries
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Value in USD billion
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2015-16
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2016-17
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2017-18
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2018-19
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2019-20
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EU
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Exports
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44.57
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47.29
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53.6
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57.17
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53.73
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% growth
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-9.85
|
6.07
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13.34
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6.66
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-6.01
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Imports
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43.90
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42.36
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47.87
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58.43
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51.2
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% growth
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-10.79
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-3.51
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12.95
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22.05
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-12.37
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Total of EU
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88.47
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89.65
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101.47
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115.60
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104.93
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Trade balance
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0.67
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4.93
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5.73
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-1.26
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2.53
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EFTA
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Exports
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1.54
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1.24
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1.45
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1.53
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1.64
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% growth
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13.72
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-19.34
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17.08
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5.60
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6.65
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Imports
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19.89
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17.82
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19.77
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18.47
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17.54
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% growth
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-14.04
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-10.40
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10.96
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-6.61
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-5.01
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Total of EFTA
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21.43
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19.06
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21.23
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20.00
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19.18
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Trade balance
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-18.35
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-16.58
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-18.32
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-16.93
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-15.91
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Other European countries
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Exports
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5.27
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4.77
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5.26
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5.64
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5.16
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% growth
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-22.44
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-19.34
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17.08
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5.60
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-8.60
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Imports
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0.83
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1.27
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2.25
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2.46
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2.19
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% growth
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-47.01
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-10.40
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10.96
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-6.61
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-10.83
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Total of Other European countries
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6.10
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6.04
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7.51
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8.10
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7.35
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Trade balance
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4.44
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3.50
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3.01
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3.18
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2.96
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Europe
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Total bilateral trade with Europe
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115.07
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114.80
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130.25
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143.74
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131.44
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Trade balance
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-14.25
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-8.14
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-9.55
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-14.98
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-10.42
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(ii) India's major trading partners of Europe
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Country
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Exports (USD Bn)
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Imports (USD Bn)
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Total trade (USD Bn)
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2016-17
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2017-18
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2018-19
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2019-20
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2016-17
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2017-18
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2018-19
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2019-20
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2016-17
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2017-18
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2018-19
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2019-20
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Germany
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7.18
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8.69
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8.90
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8.29
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11.58
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13.30
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15.17
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13.35
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18.76
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21.99
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24.07
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21.64
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Switzerland
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0.98
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1.08
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1.19
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1.20
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17.25
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18.92
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18.09
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16.90
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18.23
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20.00
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19.28
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18.10
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UK
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8.55
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9.71
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9.33
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8.74
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3.66
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4.81
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7.56
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6.71
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12.21
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14.52
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16.89
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15.45
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Belgium
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5.66
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6.21
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6.73
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5.81
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6.62
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5.99
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10.47
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8.88
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12.28
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12.20
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17.20
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14.69
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Netherland
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5.07
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6.26
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8.81
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8.37
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1.90
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2.51
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4.06
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3.39
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6.97
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8.77
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12.87
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11.76
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France
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5.25
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4.90
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5.24
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5.10
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5.71
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6.52
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6.67
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5.96
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10.96
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11.42
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11.91
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11.05
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Italy
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4.90
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5.71
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5.59
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4.97
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3.90
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4.71
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5.29
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4.49
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8.80
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10.42
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10.88
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9.46
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Turkey
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4.63
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5.09
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5.45
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4.97
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1.21
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2.13
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2.39
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2.12
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5.84
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7.22
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7.84
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7.09
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Spain
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3.43
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4.00
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4.18
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3.95
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1.97
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1.66
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1.68
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1.61
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5.40
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5.66
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5.86
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5.56
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Poland
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1.20
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1.54
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1.57
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1.55
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0.69
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0.77
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0.79
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0.85
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1.89
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2.31
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2.36
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2.40
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Sweden
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0.71
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0.77
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0.79
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0.75
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1.16
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1.46
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1.33
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1.11
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1.87
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2.23
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2.12
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1.86
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Portugal
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0.67
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0.75
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0.74
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0.74
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0.14
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0.19
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0.13
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0.14
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0.81
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0.94
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0.87
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0.89
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Total of Europe
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53.33
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60.35
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64.38
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60.51
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61.47
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69.9
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79.36
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70.93
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114.8
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130.25
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143.74
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131.44
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World
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275.85
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303.53
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330.08
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313.22
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384.36
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465.58
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514.08
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473.99
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687.88
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795.66
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827.30
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858.35
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% share of Europe
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19.3%
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19.9%
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19.5%
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19.3%
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16.0%
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15.0%
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15.4%
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15.0%
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16.7%
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16.4%
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17.4%
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15.3%
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D. Foreign Direct Investment
Foreign Direct Investment: The EU continues 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 $ 109.55 billion from Apr 2000-March 2020. The FDI from EFTA and other European Countries in the same period is valued at US$ 5.39 billion.
E. Trade Agreement and Negotiations (ongoing):
EU - India and EU are negotiating a broad-based Bilateral Trade and Investment Agreement (BTIA). India is committed to an early and balanced outcome of India-EU BTIA Negotiations.
EFTA - India and EFTA are negotiating a Trade and Economic Partnership Agreement and are committed for its early conclusion.
Other Negotiations: Detailed deliberations with the UK side are underway for an Enhanced Trade Partnership between India & UK, post the BREXIT transition period ending on 31st December 2020
F. Meeting under institutional Mechanism held recently
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Sl No.
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Subject
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Date
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1.
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Meeting of India-EU Sub-commission on Trade in Brussels to discuss issues of mutual concern, including non-tariff barriers and their early resolution
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4 July, 2019
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2.
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16th Session of Joint Economic Commission between India and Belgium-Luxembourg Economic Union (BLEU) in New Delhi Co-chaired by Commerce Secretary to discuss Trade and Investment, Economic cooperation, Market access issues, Bilateral agreements and procedures
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17 September 2019
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3.
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19th session of India-Finland Joint Commission on Economic Cooperation in New Delhi to review Economic situation in both counties along with bilateral trade and investment and to discuss Trade promotion measures
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20-21 November, 2019
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4.
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1st Session of India-Norway Dialogue on Trade and Investment in New Delhi.
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15-16 January, 2020
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5.
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10th Meeting of India-UK Joint Working Group on Trade & 2nd UK-India Multilateral Trade Dialogue in New Delhi.
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22 January, 2020
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6.
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The 17th session of India–Switzerland Joint Economic Commission (JEC) in Berne, Switzerland.
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2-3 March, 2020
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7.
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11th Meeting of India-UK Joint Working Group on Trade.
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24 June, 2020
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8.
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14th meeting of the India-UK Joint Economic and Trade Committee (JETCO), co-chaired by Hon’ble CIM from Indian side through virtual mode.
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24 July, 2020
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G. Mandatory disclosures under RTI Act
Name, Designation and other particulars of the CPIO in respect of FT (Europe) Division under Section 4 of RTI – Act (Mandatory Disclosures):
Shri Y.P. Dhewal, Deputy Secretary
Room No: 219, Udyog Bhawan, New Delhi.
Tel: 2306 3365
Email : dseurope-doc@gov.in