India, EU talk restarting bilateral trade, investment pact with interim agreement SECTIONS Share Synopsis Negotiations for a broad-based Bilateral Trade and Investment Agreement (BTIA) started in 2007 and were suspended in 2013. At the 15th India-EU Leader’s Summit in July 2020 the two sides agreed to explore the possibility of renewing the BTIA talks and also decided to establish the HLD. NEW DELHI: India and the European Union have discussed holding regular interactions for re-initiation of bilateral trade and investment agreements, with an interim agreement to start with, the government said on Saturday. Commerce and industry minister Piyush Goyal and the European Union Executive Vice-President and Trade Commissioner Valdis Dombrovskis had the first High-Level Dialogue (HLD) on Friday wherein they also agreed to meet within the next three months, with an objective for reaching consensus on a host of bilateral trade and investment cooperation issues.