Saturday, October 14, 2006

EU and India pursue aviation cooperation

Helsinki: The European Union and India took the first step toward a bilateral trade and investment deal on Friday as leaders began talks that will also cover climate change, energy, aviation and scientific cooperation.
Both insist that an ambitious trade pact would be an added benefit to a deal at the World Trade Organization, where talks have stalled over a farm subsidy dispute.
But the EU is eager to pursue more individual free-trade deals that could strengthen trade rules, notably in investment, public procurement, intellectual property rights and antitrust policy.
Both sides also plan to work more closely together on economic policy and labor rights, negotiate an EU-India shipping deal and conclude a pact that would allow more airlines to fly between the two regions.
13/10/06 The Associated Press/International Herald Tribune, France
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