India pushes back against the EU's proposal for oversight on capital flows in FTA talks, citing sovereignty and policy flexibility concerns.

• EU seeks review committee with power to assess India’s financial actions, even during crises, raising sovereignty issues.
• India argues the EU’s proposal offers it more safeguard rights than India, unlike FTAs with Vietnam, Korea, and Singapore.
• India insists on balanced trade deals as talks also face friction over tariffs, climate rules, and legal controls.