The European Union and India have concluded negotiations on a comprehensive free‑trade agreement, described by the EU Commission as the largest of its kind. The deal is expected to strengthen economic and political ties between the two economies.
Brussels anticipates that EU exports to India will double by 2032, as tariffs on 96.6 % of EU goods shipped to India are to be eliminated or reduced. Current trade between the EU and India already exceeds €180 billion per year, supporting almost 800,000 jobs within the EU. The agreement should save about €4 billion annually in tariffs on European products. Key EU industries, especially the agri‑food sector, stand to benefit most, as India will provide tariff reductions unavailable to any other trading partner.
A further objective is the promotion of sustainability. A dedicated chapter addresses trade and sustainable development, prioritising environmental and climate protection and workers’ rights. The EU and India also plan to sign a memorandum of understanding to establish a platform for cooperation on climate action.
