Will the EU and India be able to conclude talks for a Free Trade Agreement by 31 December 2023?

Started Jul 13, 2022 01:19PM UTC
Closing Dec 31, 2023 11:06AM UTC
Challenges

Context: 

The Indo-Pacific is the most important prospective growth region regarding market size and purchasing power worldwide. India, which will surpass China as the most populous nation soon, is an important player in this context.

While the EU is India’s third largest trading partner, the sub-continent comes in only tenth for the Europeans. Regarding that untapped potential, EU trade commissioner Dombrovskis has called the partnership “one of the most important relationships” for this decade.
The EU and India commenced negotiations on a trade and investment agreement in 2007 but paused negotiations in 2013. However, 8 years later talks resumed and as of 2022 two rounds of negotiations have taken place in Brussels and New Delhi. Mr. Dombrovskis further stated that both parties plan to reach a conclusion by late 2023.

Resolution Criteria: 
This question will be resolved if the European Commission’s trade relationship website includes a completed and ratified India-EU FTA or if a major news agency reports that both the EU and India have ratified the new agreement on or before December 31, 2023.

Further reading:
  
Possible Answer Crowd Forecast Change in last 24 hours Change in last week Change in last month
Yes 38.64% +0.00% -1.96% +5.24%
No 61.36% -0.00% +1.96% -5.24%

Sign up or sign in to forecast!

Sign Up Sign In
Files
Tip: Mention someone by typing @username