India, EU finalise FTA, deal set to be announced today
India and the European Union have finalized a comprehensive free trade agreement after 18 years of talks, poised to boost trade and investment. The deal, expected to be announced Tuesday, aims for significant tariff reductions on most goods, with India gaining market access for textiles and leather, while offering concessions on automobiles and wines. Implementation is anticipated by early 2027.
India and the European Union have finalized a comprehensive free trade agreement after 18 years of talks, poised to boost trade and investment. The deal, expected to be announced Tuesday, aims for significant tariff reductions on most goods, with India gaining market access for textiles and leather, while offering concessions on automobiles and wines. Implementation is anticipated by early 2027.
