All articles tagged with #india eu
India and the European Union announced a historic free trade agreement after high-level talks in New Delhi, a deal praised as a watershed for expanded trade and investment led by Prime Minister Narendra Modi and EU leaders Antonio Costa and Ursula von der Leyen.
India and the European Union sealed a landmark free trade agreement, creating a vast market (about 2 billion people) and aiming to boost sectors such as textiles, gems and jewelry, leather, and shoes. Modi dubbed it a major milestone as New Delhi seeks relief from U.S. tariffs and to diversify its trade, with the EU accounting for roughly a quarter of global GDP and serving as India’s largest trading partner; the pact complements India’s other recent deals with the U.K., Oman, and New Zealand.
India and the EU are closing in on a long-awaited free trade agreement, described by leaders as the 'mother of all deals,' with a potential announcement at the Republic Day summit. The pact would be India’s ninth FTA in four years, restore EU GSP benefits, and cut tariffs on key exports like garments and pharmaceuticals, while safeguarding sensitive sectors such as agriculture. It seeks to diversify trade away from US tariff volatility and reduce dependence on China, but remains contentious on issues like IP protection and the EU’s Carbon Border Adjustment Mechanism (CBAM).