India and the European Union (EU) on Tuesday announced the conclusion and finalisation of negotiations for the proposed free trade agreement (FTA). This will be the 19th trade deal for India. The FTA will help boost the country’s exports to
The EU’s tariffs on Indian goods are about 3.8 per cent, but labour-intensive sectors attract about 10 per cent import duty. Photograph: Yves Herman/Reuters Key Points The talks started in 2007 India has pushed for zero-duty access for its labour-intensive
In such pacts, two sides reduce or eliminate import duties on over 90 per cent of goods traded between them. IMAGE: External Affairs Minister S Jaishankar meets European Commissioner for Trade and Economic Security Maroš Šefčovič in Brussels, June 11,
The country’s exports rose 1.87 per cent to $38.5 billion in December 2025 despite global economic uncertainties, though an increase in imports led to a marginal widening of the trade deficit to $25 billion. Photograph: Amit Dave/Reuters Imports rose by
