The proposed India-European Union (EU) Free Trade Agreement, officially referred to as the Bilateral Trade and Investment Agreement (BTIA), has been an important point of negotiation in the foreign policy discourse between India and the EU. Which of the following statements about the BTIA is correct?
1
The negotiations for the BTIA were completed in 2010.
2
The BTIA involves an exhaustive list of issues, including the reduction of tariffs, liberalization of services, and investment protection measures.
3
The BTIA was primarily focused on cooperation on counter-terrorism measures.
4
The negotiations for the BTIA have been discontinued indefinitely.