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EU trade chief says ‘flexibility’ needed on India trade deal

BRUSSELS, September 26, 2011 (AFP) - European Union trade commissioner Karel De Gucht warned Monday that a long-planned free-trade agreement between Europe and India is in trouble failing more "flexibility" from both sides.
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"We remain fully engaged on these negotiations," the Belgian said after talks in Brussels among the EU's 27 trade ministers.

"But I must also admit, it is not easy," De Gucht said of stumbling blocks centred on life-saving generic HIV/AIDS drugs.

He said the EU's "determination is as strong as ever," but conceded that "at a certain point, it requires pragmatism.

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Thirteen rounds of talks have been held since India and the EU started discussing a comprehensive market-opening pact in June 2007 to boost bilateral commerce.

The two sides originally hoped to conclude a wide-ranging deal by 2010 that could boost bilateral trade to 7 billion (175 billion euros) annually by 2015 from around billion currently.

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But India and the EU have been at odds over intellectual property rights in patent areas involving life-saving generic HIV/AIDS drugs and other medicines which are produced by Indian companies.

UNAIDS, the Joint United Nations Programme on HIV and AIDS, has ex

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