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India-EU FTA: After almost two decades of negotiations, India and the European Union will finally be signing the Free Trade Agreement, on Tuesday. Both sides have called the FTA the ‘Mother of all deals’, as it is a major step for the partnership between the two nations. India and the EU together, account for nearly…
US treasury secretary Scott Bessent attacked the India-EU free trade agreement set to be announced on Tuesday, accusing Europe of indirectly funding the Russia-Ukraine war through energy trade routed via India. The pact has been dubbed as “mother of all deal,” by both Indian and European leaders. The senior aide to President Trump said European…
India is planning a major reduction in import tariffs on cars from the European Union, cutting duties to 40 per cent from levels as high as 110 per cent, in what would be the country’s biggest opening yet of its closely guarded automobile market. The move comes as New Delhi and Brussels close in on…
NEW DELHI: With the arrival of European Council and Commission presidents, Antonio Costa and Ursula von der Leyen, in New Delhi, the Indo-EU summit will take place at a time Europe’s transatlantic alliance is under strain and India too is in the crosshairs of President Trump’s trade policies. Von der Leyen said in a post…
The India–European Union free trade agreement (FTA), expected to be announced on January 27, is likely to lower costs and expand trade rather than harm domestic industry, the Global Trade Research Initiative (GTRI) said on Sunday.In FY2025, India–EU goods trade crossed $136 billion. GTRI said tariff reductions under the FTA would primarily reduce input costs,…
NEW DELHI: Textile minister Giriraj Singh Friday indicated that India and EU will announce a trade deal in the next four days and urged industry to diversify so that garment exports grow. Drawing comfort from trade numbers, he said: “Many believed that Indian exports will fall due to the tariff war. Industry was worried… Despite…
India’s exports to the European Union is facing higher import tariffs from January 1, 2026, after the EU suspended Generalised Scheme of Preferences (GSP) benefits for 87% of Indian goods, according to a report by trade policy think tank, Global Trade Research Initiative (GTRI).The move means that a large share of Indian exports will now…
India and the European Union are on the verge of sealing their long-delayed free trade agreement. (AI image) In a historic first, India and the European Union are all set to seal a trade deal that has taken almost two decades to finalize. The scale of the proposed free trade agreement is evident in Commerce…
NEW DELHI: European Council President Antonio Luis Santos da Costa and European Commission President Ursula von der Leyen will visit India for the 16th India-EU summit on Jan 27 and participate in the Republic Day parade as chief guests a day earlier, said govt in an official announcement.The summit will be the culmination of months…
Piyush Goyal holds talks with EU Commissioner Maros Sefcovic on India-EU FTA negotiations (ANI image) India and the European Union are in the final stages of negotiating a long-pending free trade agreement (FTA). The deal could significantly boost India’s exports to the 27-nation bloc and deepen economic ties amid global trade disruptions.If signed, the India-EU…
