Economy
2017
External Sector
India's Foreign Relations
‘Broad-based Trade and Investment Agreement (BTIA)’ is sometimes seen in the news in the context of negotiations held between India and
A.European Union
C.Organization for Economic Cooperation and Development
B.Gulf Cooperation Council
D.Shanghai Cooperation Organization
Correct Answer: Option A
The Broad-Based Trade and Investment Agreement (BTIA) refers to the negotiations between India and the European Union (EU).
Negotiations for the BTIA commenced on June 28, 2007, in Brussels, Belgium.
The agreement aims to boost bilateral trade by reducing barriers to trade in goods, services, and investments across all economic sectors.
Hence, the correct answer is the European Union.
Sources:
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