"PM Modi has done a great job for the people of Dibrugarh. The biggest benefit of this free trade agreement is going to be for the people here. Tea produced in the tea gardens of Assam will reach European morning tea cups with zero tariff across all 27 EU countries," he said.
As global trade undergoes a fresh reordering amid renewed tariff tensions, India will need much more than trade deals to secure long-term gains, according to a report by Emkay Research.
US Treasury Secretary Scott Bessent accused Europe of indirectly funding Russia's war by importing fuel linked to Russian oil, even as it backs Ukraine. His remarks came as India and the EU finalised a major trade deal amid rising global trade tensions.
US Treasury Secretary Scott Bessent criticised Europe for prioritising a trade deal with India over Ukraine, accusing the EU of indirectly funding Russia's war through energy trade. He said the US has made bigger sacrifices and warned that Europe put commerce ahead of Ukrainian lives.
"A historic free trade agreement has been reached between India and the European Union. Before this, India had also signed free trade agreements with countries such as Oman, New Zealand, the UK, the UAE, Australia, and Mauritius. All these agreements are going to create countless opportun
A day after India concluded its neogtiations with the European Union on a Free Trade Agreement (FTA) which has been dubbed the 'mother of all deals', India is now looking towards a closure on the FTA with the United States.
"Discussions are ongoing with several countries. India is happy and willing to expand its trade engagements as we believe there is significant interconnected trade globally," an official said. "However, we engage only with fair trading partners and carefully examine each free trade agreem
After a volatile yet resilient 2025, the outlook for the coming year is marked by a tension between rising trade barriers and the emergence of new bridges. US tariff policy remains a central source of uncertainty, particularly with sector-specific duties under Section 232 expected to stay
Senior Advisor at the Center for Strategic and International Studies (CSIS), Richard Rossow, on Wednesday said that the recent India-European Union trade and defence engagements demonstrate the ability of New Delhi and Brussels to separate security concerns from commercial cooperation, sendi
As part of the pact, the European Union will abolish tariffs on 9425 lines of Indian exports, unlocking preferential access valued at USD 75 billion. This move is expected to accelerate India's ambition to reach USD 300 billion in engineering exports by providing entry into a USD 2 trilli
European Commission President Ursula von der Leyen noted that India-EU ties have never been stronger after both sides finalised a landmark Free Trade Agreement and security partnership. Leaders hailed the deal as a boost to trade, strategic cooperation and shared prosperity amid global un
In a series of posts on X on Tuesday, Amit Shah said the India-EU Trade Deal reflected Prime Minister Narendra Modi's astute diplomatic vision on the global stage and secured a trusted, balanced and mutually beneficial partnership between India and the European Union.