Indo-EU Trade

The free trade agreement (FTA) between India and the EU has included an annexure for mediation for a mutually-agreed solution to a dispute through an expeditious procedure with the assistance of a mediator. According to the text of the FTA, an annexure on 'model mediation procedures' has been included in the agreement, the conclusion of which was announced on January 27. The pact is expected to be signed after legal scrubbing. It may be implemented next year. These FTA texts may undergo further modifications as a result of the process of legal revision/ scrub. The texts will be final upon signing. "A Party (India or EU) may at any time request to enter into a mediation procedure with respect to any measure by a Party alleged to adversely affect trade between the Parties," the text said, adding that the request shall be sufficiently detailed to present the concerns of the requesting side clearly and shall identify the specific measure at issue; and the adverse effects that the ...

The remarks come a week after the landmark Free Trade Agreement (FTA) between India and the European Union was finalised and signed, as negotiations concluded on January 27

The Congress on Tuesday demanded that the Modi government should take Parliament into confidence and the text of both the EU and US trade deals must be laid on the table of both Houses and debated. Congress general secretary in-charge communications Jairam Ramesh said that from the information President Donald Trump has provided, it is abundantly clear that Prime Minister Narendra Modi has "completely surrendered". He said that almost exactly a year ago, Prime Minister Modi landed at the White House to greet President Trump on his re-election. "His trademark huglomacy was on full display. India-US relations never appeared brighter. Negotiations for a trade deal started immediately thereafter.But ever since President Trump made the first announcement of the halt to Operation Sindoor on the evening of May 10, 2025 things began to go downhill," Ramesh said on X. Subsequently, President Trump embraced Pakistan and Field Marshall Asim Munir enthusiastically, "exposing the hollowness of

In fiscal 2024-25 (FY25), India, according to HSBC, exported $76 billion worth of goods to the EU and bought $61 billion worth of goods from the EU

Data Patterns, Bharat Electronics, CG Power and Industrial Solutions, Siemens Energy India and ABB India rallied in the range of 8 per cent to 14 per cent on the BSE in Wednesday's intra-day trade.

Deal provides phased tariff liberalisation on over 97% of goods, safeguards sensitive sectors and boosts labour-intensive exports

Auto stocks in focus: ICICI Securities see limited impact of likely lower EU import tariffs on Indian Auto OEM space which is steadily progressing to clock ~45 lakh units' sales volume in FY26E.

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.

European Union Ambassador to India Herve Delphin on Wednesday said that there is "strong political commitment" from both sides to conclude the revamped India-EU Free Trade Agreement by the end of 2025. Of the 23 chapters under discussion, 11 have already been closed. Important chapters still under negotiation include market access for cars, steel, some aspects of services and investment and technical barriers to trade, Ambassador Delphin said. "No doubt, there is a strong political commitment to conclude the FTA negotiations by the end of the year," he added. Herve Delphin stated that a 40-member EU negotiator team is arriving in Delhi this week to resolve lingering hurdles. Current bilateral goods trade stands at approximately USD 136 billion, making the EU India's third-largest trading partner after the US and China. Delphin emphasised that the agreement is WTO-compatible and not a zero-sum game. EU and India combined represent 25 per cent of world GDP and 25 per cent of global

The European Union seeks concessions from India, tolerating ties with Russia and oil export; now India must reciprocate, avoiding unnecessary moves that would further strain EU's trust

Finalising a trade deal with the trade bloc has been a key priority for New Delhi, and it has now become even more critical

Union ministers, CMs, economists to attend

According to the European Commission, EU exports of such technology affected by India's violations is up to €600 million annually, which is significant

In June, they urged the WTO's dispute settlement body to mutually defer an appeal, which was pushed by 180 days - in two tranches of 90 days, each

Starting from October 1, the carbon border adjustment mechanism (CBAM) will be applicable to exports of cement, iron and steel, aluminium, fertilisers, and hydrogen to the EU

India and the EU had in April last year agreed to establish a "Trade and Technology Council", to tackle the challenges at the nexus of trade, trusted technology and security

Ministerial meet of Council to be held within two weeks

India and the European Union agreed to establish a Trade and Technology Council early this week. What it is and what both sides will gain from it, watch this report to know more.

EU vice-president Jyrki Katainen said the lack of a suitable agreement in place of the earlier treaties was a serious concern