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

by

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

European Union
Gulf Cooperation Council
Organization for Economic Cooperation and Development
Shanghai Cooperation Organization
This question was previously asked in
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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