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Swedish Prime Minister arrives in India for 10th India-EU summit | Swedish Prime Minister, Fredrik Reinfeldt on Thursday
arrived in New Delhi for 10th India-EU summit. The summit is scheduled to take place on Friday. India and Sweden are expected to sign a Memorandum of Understanding
(MoU) on environment. The MoU will cover climate change, environmental protection
and governance, air-water quality, clean technology and clean development mechanisms.
The MoU will lead to the setting of a joint working group to oversee the implementation.
Indian and European Union leaders meeting is expected to provide fresh impetus
to stalled talks on a new trade pact. The two sides launched negotiations in 2007
for a free trade agreement (FTA), but progress has been hampered because of differences
over intellectual property rights and EU efforts to link trade with climate and
India's social sector performance. An FTA between the EU and India could improve
market access for goods and services, covering all trade except for public procurement,
which India is reluctant to include in the pact. India is also concerned, among
other things, about costly certificates for exporting fruit to the EU and conformity
procedures for the EC mark. India, which insists developed countries take deeper
carbon emission cuts and fund developing nation's climate actions, has opposed
efforts, including by the EU, to remove the distinction between rich and poorer
countries. |
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