Prime Minister Narendra Modi on Tuesday said that the India-European Union Free Trade Agreement (FTA) is a perfect example of a partnership between two major economies of the world, noting that the landmark deal will create major opportunities for people, businesses and investors in both
Sefcovic described the prospective pact as the "mother of all deals," noting that negotiators are "checking their final numbers" as the European bloc pushes to reduce India's steep import duties that can reach up to 150 % in some sectors.
Speaking to the reporters, Singhania said, "As far as the budget is concerned, the EU trade deal is expected to happen tomorrow. I think that will be a significant step to bring America to the negotiating table if India gets a very good deal with the EU."
India and the European Union are expected to formally announce a long-awaited trade agreement at the India-EU Summit on Tuesday, and this deal is projected to significantly expand bilateral trade and drive strong growth in Indian exports over the next decade, Deloitte India partner Gulzar Di
Maros Sefcovic, the European Union Trade Commissioner, said in an interview to Euro News that India and EU are very close towards having a signature as the finalise the much anticipated free trade agreement.
"Textiles remain among the largest employers in the country and a duty-free access to the EU market would be beneficial not only for the sector but also for the broader economy," Singhania said. He added that a favourable agreement with the EU could also strengthen India's position in fut
EU Commissioner for Trade and Economic Security, as well as Inter-Institutional Relations and Transparency, Maros Sefcovic met Union Minister of Commerce and Industry Piyush Goyal on Sunday after arriving in India.
He expressed gratitude following the meeting and spoke with certainty about
While India and the European Union move closer to finalising a long-pending Free Trade Agreement (FTA), concerns remain for India on non-tariff barriers, particularly the upcoming Carbon Border Adjustment Mechanism (CBAM), highlighted Jefferies in its latest report on the India-EU trade deal
EU Commission President Ursula von der Leyen stated that the EU is close to finalising a free trade deal with India. She will visit India next weekend, as EU leaders attend India's Republic Day celebrations and co-chair the India-EU Summit, aiming to deepen strategic and economic ties.
Following US President Donald Trump's warning to impose tariffs on Denmark and other European countries over the sale of Greenland, the European Union has called for a pause to the ratification process of the EU-US trade deal announced back in July 2025.