India-EU Ties

Kristersson also underlined the expected economic benefits of a free trade agreement, particularly for employment generation in Sweden

Von der Leyen also underlined the importance of the EU-India Trade and Technology Council, saying it is paving the way for stronger collaboration in areas such as AI governance, semiconductors, etc

India actively negotiated with the European Union to open its market for seafood exports, helping the country overcome challenges arising from steep US tariffs, Union Commerce and Industry Minister Piyush Goyal said on Sunday. Addressing reporters here, he said the government anticipated disruptions and acted swiftly to secure alternative markets for Indian exporters. "Our government works 24 hours. Often, even before a problem arises, we begin planning and action," he said. Goyal said the US decision to impose 50 per cent tariff on Indian seafood had dealt a major blow to exports and caused distress among fishermen. "When America imposed a 50 per cent tariff on Indian seafood, our exports suffered a big setback. Fishermen were very worried. The Centre responded by engaging with the European Union and addressing regulatory bottlenecks that had earlier restricted Indian shipments," he pointed out. Several Indian fishing establishments had been delisted by the EU in the past, but In

India-EU FTA may take effect in 2027 as both sides complete legal scrutiny, with focus shifting to implementation, trade barriers and investment rules

After the India-EU FTA, US Treasury Secretary Scott Bessent slams Europe for prioritising trade over sanctions on Russian oil amid the Ukraine war

India's FTA with the EU boosts market access for 99% of exports, aiding labour-intensive sectors while cheaper EU machinery imports could support domestic manufacturing

India and the EU will set up rapid response and escalation mechanisms under the FTA to address regulatory measures like CBAM that could disrupt bilateral trade

Proposed EU trade pact could shift sourcing from Southeast Asia to Indian export clusters

India will allow EU banks to open up to 15 branches over four years under the trade pact, while Indian banks will face no such cap in the EU

European wines are set to enter the Indian market at lower prices under the bilateral free trade agreement as India will provide import duty concessions under the pact, an official said. Under the pact, the duty on EU wines would fall from 150 per cent to 20 per cent (for expensive ones). For wines below 2.5 euros, there will be no duty concessions. Indian wines, too, will get duty concessions in the EU member countries. India and the European Union (EU) on Tuesday announced the conclusion and finalisation of negotiations for a free trade agreement. The agreement is expected to be signed later this year and may come into force from early next year. The talks were concluded after 18 years. The negotiations started in 2007. Under the agreement, India will be giving duty concessions to the wines of the European Union (EU) in line with what it has agreed for Australia and New Zealand, but with slightly lower thresholds. It was a key demand for the EU. The official said Indian wine t

India and European Union on Tuesday explored ways to integrate their defence supply chains under a broader goal of deepening bilateral strategic ties. The issue figured prominently at a meeting Defence Minister Rajnath Singh held with European Union's chief of foreign and security affairs Kaja Kallas. "Discussed a range of bilateral security and defence issues including opportunities for integrating supply chains for building trusted defence ecosystems and future-ready capabilities," Singh said on X. "Looking forward to greater cooperation between India and the EU countries," he said. The meeting took place ahead of the India-EU summit talks.

India and the European Union will unveil a Security and Defence Partnership at the 16th India-EU Summit, alongside progress on a free trade agreement, mobility framework & wider strategic cooperatio

European Commission President Ursula von der Leyen said India's success benefits global stability as she and European Council President António Costa attended the Republic Day parade ahead of the Indi

The EU's revised GSP rules will affect just 2.66% of India's exports to the bloc, with most major industrial sectors already graduated due to higher competitiveness

At the World Economic Forum in Davos on Tuesday, von der Leyen signalled progress, stating the European Union is close to concluding the agreement but acknowledged that additional work remains

ACEA urges full tariff removal on auto parts, cautions against licences and residual duties as India and EU eye announcing deal at January 27 summit

Goyal said there would be no compromise on the country's interests and that all sensitive issues, such as the Carbon Border Adjustment Mechanism and dairy, would be addressed to India's satisfaction

The free trade agreement between India and the 27-nation bloc EU will be the "mother of all deals", Commerce and Industry Minister Piyush Goyal said on Friday. He also said that the proposed agreement will be a good and mutually beneficial trade pact. "This will be the mother of all deals," Goyal told reporters here. He also said that the bilateral trade between the two sides is reasonably balanced in goods and services. It will also be a "super deal" for Indian export sectors, he added. Commerce Secretary Rajesh Agrwal on Thursday said India and the EU are "very close" to concluding negotiations on the proposed free trade agreement (FTA). He said the discussions are underway to resolve remaining issues so that the deal is ready for announcement during the visit of top EU leadership later this month. The government has finalised seven trade agreements since 2014.

India is pushing hard to conclude the EU trade deal to diversify export markets as pressure builds elsewhere, Foreign Secretary Vikram Misri said after Modi-Merz talks

With the world order looking wobbly, the European Union is eyeing to forge a broad global agenda in partnership with India and the two sides are set to firm up a free trade pact, a defence framework agreement and a strategic agenda at their annual summit on January 27. Top diplomatic sources told PTI that the free trade agreement to be sealed at the summit in New Delhi will be a "living document" on which work could be continued to iron out any issues that remain unresolved. "India and the EU can set the agenda for global governance, along with France, in the absence of the US," a senior EU official said. "India is one of the big players that we work with and can rely on." The proposed India-EU free trade agreement is expected to bring the relationship between the two sides much closer, with its positive impact being expected in a range of other sectors as well, at a time the world is witnessing trade disruptions in view of Washington's tariff policy. It is learnt that the two side