Prelims 2017 · Q82
Easy‘Broad-based Trade and Investment Agreement (BTIA)’ is sometimes seen in the news in the context of negotiations held between India and
Answer & explanation
Answer: (a) European Union
BTIA is the India–European Union Broad-based Trade and Investment Agreement, a free trade deal whose negotiations the two sides launched in 2007. The other three bodies named have no negotiation called BTIA with India.
- ✓ (a) The EU and India launched the BTIA negotiations in 2007 to widen trade in goods and services, investment and access to public procurement.
- ✗ (b) The Gulf Cooperation Council is a different trading partner. The name BTIA belongs to the India–EU negotiation, not to any GCC talks.
- ✗ (c) The OECD is a forum for policy coordination among its member countries; India is not a member and does not negotiate a BTIA with it.
- ✗ (d) The Shanghai Cooperation Organisation is a political, security and economic grouping. It is not a partner in a trade and investment agreement of this kind.
- • Since then The EU trade website now shows separate tracks: a Free Trade Agreement, which the EU and India concluded on 27 January 2026, and an Investment Protection Agreement and a Geographical Indications Agreement, both still being negotiated.
Remember · BTIA = Broad-based Trade and Investment Agreement between India and the European Union, negotiations begun in 2007.
Sources
- European External Action Service: EU-India Summit, A new momentum for the EU-India Strategic Partnership ↗ “The leaders welcomed that both sides have re-engaged in discussions on how to further the EU-India Broad-based Trade and Investment Agreement (BTIA) negotiations.”
- European Commission, Trade and Economic Security: India ↗ “On 27 January 2026, the EU and India concluded negotiations for a Free Trade Agreement.”
Question and answer: UPSC's official GS Paper I (2017, Series A) — paper ↗ · answer key ↗. Explanation: Minimalist IAS, checked 30 Sept 2026 (how we verify). Permalink ·