MUMBAI: Indo-EU bilateral trade can double to 200 billion euros on increasing mutual cooperation and success of FTA talks, European Union Ambassador Joao Cravinho has said.
New Delhi and Brussels are likely to resume dialogue on the free trade agreement FTA next month.
"The bilateral trade between EU and India currently stands at 100 billion euros. I am quite hopeful that with the increasing mutual cooperation and the success of the FTA talks we will be able to double it to 200 billion euros over a period of four years from now," Cravinho told PTI.
The envoy noted that bilateral trade volume has trebled to 100 billion euros during past one decade and could reach 200 billion euros if the forthcoming talks become successful.
Cravinho was talking on the sidelines of an annual day celebration of the Council of EU Chambers of Commerce in India here over the weekend.
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