Prime Minister Narendra Modi has said that the India-EU Free Trade Agreement finalized on Tuesday will provide easy access to the European Union market for India's labour-intensive products, including textiles, gems and jewellery, auto parts, and engineering goods.
The conclusion of negotiations for the India-European Union Free Trade Agreement (FTA) sends a powerful signal of trust, stability, and long-term partnership in a changing global economic order, said Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises.
Misri was flanked by Union Minister Piyush Goyal and Commerce Secretary Rajesh Agarwal at the Special Briefing on the State visit of President of EU Council and President of EU Commission to India, where he said that it was the first time where leaders from Europe were the guests at India
The long-awaited India-EU Free Trade Agreement has brought a wave of optimism to leaders and industries across both continents. After years of negotiation, the deal is being hailed not just as a legal document, but as a bridge between two of the world's most powerful economies. For the peopl
Jaishankar further said that the Summit's outcomes, such as the Free Trade Agreement (FTA) and other agreements, laid the foundation for a deeper partnership.
Industry leaders from Europe and India have welcomed the signing of the India-European Union Free Trade Agreement (FTA), describing it as a positive and tangible step that opens new opportunities for businesses on both sides and signals a shift from prolonged negotiations to concrete action.
Designed as modern, rules-based trade partnership, the FTA responds to contemporary global challenges while enabling deeper market integration between the world's 4th and 2nd largest economies.
States across India are set to benefit from the landmark India-European Union Free Trade Agreement (FTA), with exports estimated at Rs 6.4 lakh crore expected to gain access to 27 EU markets under a single trade framework.
Over 95 per cent of EU businesses in India plan to expand their operations in India in the next five years, according to a survey conducted by Federation of European Business in India (FEBI).
The minister stated that India and the EU share the principles of democracy, pluralism and the rule of law, which underpin the steadily deepening partnership. He added that it is these values which India seeks to translate into practical cooperation for global stability, sustainable growth a
As India and EU signed the security and defence partnership, EU Vice President Kaja Kallas noted that this would help in exploring Indian participation in European defence initiatives.