Lok Sabha Question No. 1698 (UNSTARRED), answered on 2022-07-27
Subject: FTA with EU
Ministry: COMMERCE AND INDUSTRY
Asked by: Kotha Prabhakar  Reddy

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY (DEPARTMENT OF COMMERCE)

## LOK SABHA UNSTARRED QUESTION NO. 1698 TO BE ANSWERED ON 27 th  JULY, 2022

## FTA WITH EU

## 1698.   SHRI KOTHA PRABHAKAR REDDY:

Will the Minister of COMMERCE & INDUSTRY ( वाणिज्य एवं उद्योग मंत्री ) be pleased to state:

- (a) whether India and the European Union(EU) has resumed negotiations for a comprehensive Free Trade Agreement (FTA), a move aimed at strengthening economic ties between the two regions since 2014 onwards;
- (b) if so, the details of the business/trade transacted with each European country, country and year-wise including the present status thereof?

## ANSWER

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THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SMT. ANUPRIYA PATEL)

- a): Yes, Sir. The India-EU FTA negotiations have resumed in June 2022.
- b): The year-wise bilateral trade between India and EU Countries is as under:

(Values in USD Billion)

|        |            | Export   | Export   | Export          | Import   | Import   | Import          | Total Trade   | Total Trade   | Total Trade     |
|--------|------------|----------|----------|-----------------|----------|----------|-----------------|---------------|---------------|-----------------|
| S. No. | EU Country | 2020-21  | 2021-22  | Apr- June, 2022 | 2020-21  | 2021-22  | Apr- June, 2022 | 2020-21       | 2021-22       | Apr- June, 2022 |
| 1      | GERMANY    | 8.12     | 9.88     | 2.63            | 13.64    | 14.96    | 3.50            | 21.77         | 24.85         | 6.13            |
| 2      | BELGIUM    | 5.24     | 10.08    | 2.62            | 6.94     | 9.95     | 2.72            | 12.18         | 20.03         | 5.34            |
| 3      | NETHERLAND | 6.47     | 12.54    | 4.61            | 3.32     | 4.48     | 1.50            | 9.79          | 17.02         | 6.10            |
| 4      | ITALY      | 4.74     | 8.18     | 2.47            | 3.86     | 5.05     | 1.49            | 8.60          | 13.23         | 3.96            |
| 5      | FRANCE     | 4.78     | 6.64     | 1.91            | 4.34     | 5.78     | 0.84            | 9.13          | 12.42         | 2.75            |
| 6      | SPAIN      | 3.24     | 4.73     | 1.29            | 1.51     | 2.05     | 1.23            | 4.75          | 6.78          | 2.51            |
| 7      | POLAND     | 1.65     | 2.72     | 0.68            | 0.71     | 1.12     | 0.31            | 2.36          | 3.85          | 0.99            |
| 8      | SWEDEN     | 0.76     | 1.04     | 0.26            | 1.00     | 1.45     | 0.43            | 1.77          | 2.49          | 0.68            |

|        |                       | Export   | Export   | Export          | Import   | Import   | Import          | Total Trade   | Total Trade   | Total Trade     |
|--------|-----------------------|----------|----------|-----------------|----------|----------|-----------------|---------------|---------------|-----------------|
| S. No. | EU Country            | 2020-21  | 2021-22  | Apr- June, 2022 | 2020-21  | 2021-22  | Apr- June, 2022 | 2020-21       | 2021-22       | Apr- June, 2022 |
| 9      | DENMARK               | 0.76     | 0.94     | 0.26            | 0.59     | 0.89     | 0.21            | 1.34          | 1.83          | 0.46            |
| 10     | IRELAND               | 0.56     | 0.69     | 0.15            | 0.41     | 1.14     | 0.58            | 0.98          | 1.82          | 0.73            |
| 11     | AUSTRIA               | 0.45     | 0.56     | 0.22            | 0.62     | 0.83     | 0.20            | 1.08          | 1.39          | 0.42            |
| 12     | GREECE                | 0.55     | 1.08     | 0.17            | 0.14     | 0.30     | 0.05            | 0.69          | 1.38          | 0.22            |
| 13     | PORTUGAL              | 0.84     | 1.19     | 0.25            | 0.11     | 0.16     | 0.04            | 0.95          | 1.36          | 0.30            |
| 14     | FINLAND               | 0.28     | 0.34     | 0.14            | 0.71     | 0.88     | 0.29            | 1.00          | 1.22          | 0.43            |
| 15     | CZECH REPUBLIC        | 0.49     | 0.63     | 0.23            | 0.39     | 0.59     | 0.21            | 0.88          | 1.22          | 0.44            |
| 26     | ROMANIA               | 0.37     | 0.59     | 0.22            | 0.19     | 0.26     | 0.07            | 0.57          | 0.86          | 0.29            |
| 17     | HUNGARY               | 0.50     | 0.55     | 0.15            | 0.22     | 0.29     | 0.09            | 0.71          | 0.84          | 0.24            |
| 18     | SLOVENIA              | 0.35     | 0.49     | 0.14            | 0.27     | 0.30     | 0.06            | 0.63          | 0.80          | 0.21            |
| 19     | CROATIA               | 0.14     | 0.49     | 0.15            | 0.04     | 0.06     | 0.02            | 0.18          | 0.55          | 0.17            |
| 20     | LITHUANIA             | 0.16     | 0.33     | 0.14            | 0.32     | 0.20     | 0.02            | 0.48          | 0.53          | 0.16            |
| 21     | MALTA                 | 0.32     | 0.48     | 0.19            | 0.02     | 0.02     | 0.03            | 0.34          | 0.50          | 0.23            |
| 22     | BULGARIA              | 0.17     | 0.25     | 0.05            | 0.13     | 0.17     | 0.07            | 0.30          | 0.42          | 0.12            |
| 23     | SLOVAK REP            | 0.16     | 0.17     | 0.05            | 0.04     | 0.10     | 0.02            | 0.19          | 0.27          | 0.07            |
| 24     | LATVIA                | 0.10     | 0.13     | 0.04            | 0.05     | 0.13     | 0.06            | 0.15          | 0.27          | 0.10            |
| 25     | CYPRUS                | 0.09     | 0.14     | 0.02            | 0.02     | 0.07     | 0.01            | 0.11          | 0.21          | 0.03            |
| 26     | ESTONIA               | 0.05     | 0.06     | 0.03            | 0.06     | 0.07     | 0.02            | 0.11          | 0.13          | 0.05            |
| 27     | LUXEMBOURG            | 0.01     | 0.01     | 0.01            | 0.03     | 0.07     | 0.01            | 0.04          | 0.08          | 0.03            |
|        | Total of EU Countries | 41.36    | 64.96    | 19.08           | 39.72    | 51.40    | 14.07           | 81.08         | 116.36        | 33.15           |

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