'Broad-based Trade and Investment Agreement (BTIA)' is sometimes seen

‘Broad-based Trade and Investment Agreement (BTIA)’ is sometimes seen in the news in the context of negotiations held between India and

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European Union

Gulf Cooperation Council

Organization for Economic Cooperation and Development

Shanghai Cooperation Organization

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UPSC IAS – 2017

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The Broad-based Trade and Investment Agreement (BTIA) is a comprehensive trade and investment agreement being negotiated between India and the European Union.

The negotiations for BTIA cover a wide range of areas, including trade in goods, services, investment protection, intellectual property rights, and dispute settlement mechanisms, aiming to enhance economic ties between India and the EU.

Negotiations for the BTIA began in 2007 but were paused in 2013. They were formally resumed in June 2022, reflecting a renewed push to deepen trade and investment cooperation.

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