Page 3 - India-eu Fta

RBI-ESMA agreement allows CCIL to reapply for latter's recognition

CCIL can re-apply for recognition; Esma in talks with Sebi, IFSCA for similar agreement

India-EU FTA to boost marine exports with tariff cuts of up to 26%

Concerns over non-tariff barriers for farm and animal products remain

Watch: European Council chief Antonia Costa flaunts OCI card during joint presser

With India and the European Union finalising a long-awaited free trade agreement, European Council President António Luís Santos da Costa shared a lighter moment by revealing his OCI card

India to get access to EU market for over 99% of exports under FTA: Goyal

India will get an "unprecedented" market access at concessional duties for over 99 per cent of its exports by value in the European Union (EU) market, providing a boost to domestic labour-intensive sectors, Commerce and Industry Minister Piyush Goyal said on Tuesday. The two sides announced on January 27 the conclusion of negotiations for the free trade agreement (FTA). "India and the EU, under the leadership of PM @NarendraModi ji, European Commission President @VonderLeyen and European Council President @AntonioCostapm have inked the 'Mother of all Trade Deals'," he said in a social media post. Goyal said that the pact is a strategic breakthrough in the country's global trade engagement, unlocking vast opportunities in the USD 20 trillion EU market for 1.4 billion people. "It is a deal that gives unprecedented market access for over 99 per cent of our exports by value, providing a massive impetus to our labour-intensive sectors and bolstering Make In India," the minister said. T

European wines to get less expensive following India-EU free trade deal

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 offers EU automakers 6 times larger quota than UK, cuts car tariffs

Beyond the quota, the trade pact has negotiated a rate cut to 35 per cent over 10 years for fossil-fuel powered cars, officials added

India, EU conclude 'mother of all' trade deals, says Ursula von der Leyen

India and Europe have concluded the "mother of all" trade deals, European Commission President Ursula von der Leyen said on Tuesday as Prime Minister Narendra Modi and the top EU leadership held summit talks to elevate the two-way ties to jointly navigate geopolitical turbulence and trade disruptions. Prime Minister Modi hosted von der Leyen and European Council President Antonio Costa at the summit. "Europe and India are making history today. We have concluded the mother of all deals. We have created a free trade zone of two billion people, with both sides set to benefit," Von der Leyen said. "This is only the beginning. We will grow our strategic relationship to be even stronger," she said. The two EU leaders graced the 77th Republic Day celebrations at the Kartavya Path as chief guests on Monday. The long-awaited free trade agreement is expected to significantly expand the overall trajectory of two-way engagement as it will open up new opportunities for cooperation in diverse .

Apex Frozen Foods zooms 19% on heavy volumes; what's driving seafood stock?

PM Modi said the India-EU FTA is a landmark partnership between two major economies, promising sweeping gains and new opportunities for businesses and consumers.

India, EU discuss opportunities for integrating defence supply chains

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-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

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

Closer to 'fruitful outcome' on EU trade deal, says Piyush Goyal

Commerce Minister Piyush Goyal said India and the European Union are close to a fruitful conclusion of free trade agreement talks, with the outcome expected to be announced

March of a Republic: India must find its way in an uncertain environment

As global order frays and the US turns inward, India's Republic Day optics underline a strategic pivot towards Europe and faster reforms at home

With EU FTA, textile firms hope to surpass Bangladesh in European exports

India's textile and apparel industry expects the India-EU trade deal to boost exports, help Tiruppur overtake Bangladesh in Europe and revive growth after tariff-led losses

Govt to slash tariffs on cars to 40% in trade deal with EU: Report

India plans a sharp cut in car import tariffs for EU automakers, signalling its biggest market opening yet as New Delhi and Brussels near a landmark free trade pact

India-EU pact likely to expand trade, not threaten domestic industry: GTRI

The India-EU free trade agreement, to be announced on January 27, is likely to lower costs and expand trade rather than threaten the domestic industry, think tank GTRI said on Sunday. The Global Trade Research Initiative (GTRI) said that as global trade is increasingly shaped by tariffs, geopolitics and supply-chain realignment, the India-EU economic relationship stands out for its clarity of purpose. The two are not rivals but partners operating on "different rungs of the value chain", it added. India exports labour-intensive, downstream and processing-based goods, while the European Union supplies capital goods, advanced technology and industrial inputs. "This structural complementarity explains why an India-EU free trade agreement is likely to lower costs and expand trade rather than threaten domestic industry," GTRI Founder Ajay Srivastava said. In FY2025, India-EU goods trade exceeded USD 136 billion, and tariff cuts would primarily reduce input costs, deepen value-chain ...

India-EU FTA: European auto lobby flags risks of 'restricted' access

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

EU's non-tariff barriers blunt tariff cuts; FTA should address this: GTRI

India should press the European Union (EU) to clear the "dense web" of non-tariff barriers for domestic products, especially in the agri and pharma sectors, under the proposed free trade agreement, as such restrictions often "blunt" the benefits of tariff reductions, think tank GTRI said on Monday. The conclusion of the India-EU free trade agreement (FTA) negotiations is expected to be announced on January 27 during the visit of the EU team here. The pact is nearing the finishing line after 18 years. The talks started in 2007. The President of the European Council, Antonio Luis Santos da Costa, and the President of the European Commission, Ursula von der Leyen, will be on a state visit to India from January 25-27. They are chief guests at the 77th Republic Day celebrations. The barriers faced by Indian products in the EU include regulatory delays in pharmaceutical approvals, stringent sanitary and phytosanitary (related to plants and animals) rules affecting food and agricultural ..

India, Germany boost economic, technology and security ties ahead of EU FTA

Announce 27 outcomes, including 19 agreements, across sectors - from defence to semiconductors and supply chain

Considerable progress made in trade talks with EU: Foreign Secretary Misri

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