ENA Global 2016-08-27 07:05:19 <p><strong>New Delhi, August 27 (KNN) </strong>The commerce ministry held detailed discussions with Indian Ambassadors in European countries on various issues including free trade agreement (FTA).</p> <p>Commerce Secretary Rita Teaotia held the discussions through DVC (desktop video conferencing), the Commerce Ministry said in a statement.</p> <p> This is a part of a new initiative of interaction that has been taken recently and this is the second such interaction after the ASEAN region, it said.</p> <p>It stated that the deliberations took place on a range of trade issues, including matters pertaining to institutional mechanisms, market access issues and free trade agreements.</p> <p>India and the European Union (EU) are negotiating a comprehensive free trade pact since June 2007.</p> <p>The negotiations have witnessed many hurdles with both sides having major differences on crucial issues like intellectual property rights, duty cut in automobile and spirits, and liberal visa regime.</p> <p>The two-way commerce in goods between India and the EU stood at USD 98.5 billion in 2014-15. <strong>(KNN Bureau)</strong></p> 15200 http://knnindia.co.in/news/newsdetails/global/commerce-secretary-discusses-trade-issues-with-indian-ambassadors-in-europe 2016-08-27 07:05:19 knnindia.co.in