Page 3 - Fta

India-EU FTA a game-changer for trade, investment in EU market: Industry

The "game-changer" free trade agreement (FTA) between India and the European Union (EU) is set to unlock significant trade and investment opportunities for the country in the high-potential market of the 27-nation bloc, which remained untapped and boost India's export competitiveness, industry bodies said on Tuesday. The European Union and India on Tuesday announced the conclusion of negotiations for the free trade agreement (FTA) here. CII Director General Chandrajit Banerjee said the landmark agreement represents a strategic breakthrough in India's global trade engagement and significantly deepens the partnership between two major democracies and economies that together account for nearly 25 per cent of global GDP. "The unprecedented preferential access secured for over 99 per cent of Indian exports is a game-changer for Indian industry. It decisively improves competitiveness in the EU's high-value market, anchors Indian manufacturers and service providers deeper into global value

India-EU FTA may double gems, jewellery trade to $10 bn in 3 years: GJEPC

Zero-duty access under the India-EU Free Trade Agreement could help double the bilateral gems and jewellery trade to USD 10 billion (around Rs 91,000 crore)over the next three years, the Gem and Jewellery Export Promotion Council (GJEPC) said on Tuesday. This removes 2-4 per cent duties on precious jewellery, unleashing huge export potential with the 27-member EU countries, home to the world's elite buyers. "The India-EU FTA will supercharge market diversification for the gem and jewellery industry. This transformative pact aims to double bilateral trade to Rs 91,000 crore within three years. "Zero-duty access to the world's largest consumer market empowers export hubs in Gujarat, Rajasthan, Maharashtra, and West Bengal to ramp up shipments of precious jewellery (plain and studded), silver, and imitation jewellery, capitalising on India's renowned design prowess," GJEPC chairman Kirit Bhansali said. The European Union and India on Tuesday announced the conclusion of negotiations fo

India-EU FTA to be a 'living agreement' with multiple review mechanisms

Deal aims to boost trade diversification, labour-intensive exports and services while safeguarding sensitivities on both sides

Negotiations over, India-EU much-awaited FTA set for rollout by 2027

Deal likely to be announced on Tuesday; legal scrubbing, pact signing may take 5-6 months

India, EU to announce historic FTA and defence partnership on Tuesday

An announcement on the conclusion of talks on an ambitious free trade deal and finalisation of a strategic defence pact as well as a mobility framework are set to be the main deliverables at the India-European Union summit talks on Tuesday. Prime Minister Narendra Modi will host European Commission President Ursula von der Leyen and European Council President Antonio Costa at the summit that is expected to produce a broader vision by the two sides to navigate the geopolitical flux triggered by Washington's policies on trade and security. Costa and von der Leyen graced the 77th Republic Day celebrations at the Kartavya Path here as chief guests. "A successful India makes the world more stable, prosperous and secure. And we all benefit," Von der Leyen said on Monday. Von der Leyen also described the participation of an EU military contingent at the Republic Day parade as a powerful symbol of the deepening security cooperation between the two sides. "It will culminate tomorrow in the

India-EU FTA duty cuts could boost luxury car market, says BMW India

Reduction in customs duty on imported cars under the India-EU free trade agreement could enable the growth of the luxury car segment in India, which currently remains minuscule, BMW Group India President and CEO Hardeep Singh Brar said on Monday. The domestic luxury car segment accounts for just 1 per cent of the overall passenger vehicle segment. The India-EU Free Trade Agreement would be a historic milestone benefiting both sides by expanding trade and enabling deeper exchange of technology and innovation, Brar said in a statement. "From an automotive industry perspective, we hope the FTA will include balanced, win-win provisions that help stimulate demand in the luxury segment while strengthening supply chain integration which is especially important in the current geopolitical context," he added. If customs duties on completely built units are reduced, it would help expand the luxury car market in India, Brar stated. "While CBUs (completely built units) currently account for a

Beyond FTA: India, EU near deals on security and defence, mobility

Ahead of the 16th India-EU Summit, the Union Cabinet has approved some proposed agreements, including on security, defence and mobility

Five questions that will dominate debate in India and the world in 2026

Five major themes set to shape economic debate in 2026, from India-EU trade ties and fiscal strategy to data revisions, Fed independence and the risks around AI investment

Staff cuts, red tape may derail India FTA gains, warns UK Parliament panel

Billions of pounds of tariff savings from Britain's free trade agreement with India could be jeopardised by deep cuts to UK export support staff helping firms use the deal in practice, an influential Parliament panel cautioned in a report on Wednesday. The House of Commons Business and Trade Committee, with a remit to scrutinise the country's trade deals, released its analysis as the government tables the India-UK Comprehensive Economic and Trade Agreement (CETA) in Parliament for ratification. It finds that initial duty savings for UK exporters to India could total400 million pounds a year, potentially rising up to3.2 billion pounds after 10 years as export volumes increase. "This is the biggest free trade deal since Brexit with the potential to deliver billions in tariff savings for UK exporters, boosting growth and creating new jobs," said committee chair Liam Byrne. "But Parliament is being asked to ratify a deal promising billions in tariff savings while the government is ...

India's new FTA playbook looks beyond trade and tariffs to investment ties

India's recent free trade agreements mark a shift from tariff-led negotiations to deeper economic partnerships, embedding investment commitments, market access and supply chain integration

India, EU likely to conclude much awaited FTA talks on January 27

'Sensitive' agri issues may be off the table

Will Budget 2026 synchronise Customs law with India's FTA ambitions?

Customs regimes can lead to labyrinthine legal disputes. Budget 2026 must recognise that an excessively defensive Customs posture can itself become a trade barrier

FTA: India, EU should find convergence on sustainability chapter, NTBs

The two sides need to move little beyond their defined negotiating stance on investment treaty, subjects like agriculture, digital trade, IPR and ensure conclusion of the much awaited trade agreement

Binding FTA commitments to lift Indian professional services: Commerce secy

Commerce Secretary Rajesh Agrawal says binding FTA commitments on professional services can open global opportunities, as India focuses on skills, mobility and digital delivery

India–New Zealand seal FTA: What the trade deal means for both nations

India and New Zealand have concluded a free trade agreement after nine months of negotiations. The deal offers zero-duty access for all Indian exports,opens new visa pathways for skilled professionals

0% duty on 100% exports: India secures trade deal with New Zealand

Wellington commits to $20 bn FDI in 15 years; dairy items excluded

India-New Zealand trade deal finalised: Which sectors are set to gain?

The deal includes sweeping tariff cuts, expanded services access, enhanced labour mobility and a long-term investment commitment

India-New Zealand FTA concludes: What the trade deal means for both nations

India and New Zealand have concluded a Free Trade Agreement after nine months of talks; the deal cuts tariffs, boosts trade, opens jobs and creates new visa routes for Indian professionals

Trade agreement between India and EAEU to exclude areas of services

The Eurasian Economic Union comprises five countries - the Russian Federation, Kazakhstan, Belarus, Armenia and Kyrgyzstan

Western approaches: PM Modi's three-nation tour has created useful momentum

The Comprehensive Economic Partnership Agreement (Cepa) is the second FTA signed between India and a West Asian nation - the first being with the United Arab Emirates (UAE) in 2022