18 Years Wait Over: Landmark India-EU Trade Pact Explained | Connecting The Dots
Автор: DD India
Загружено: 2026-01-30
Просмотров: 6591
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#EU #India #Trade
The India–EU Free Trade Agreement, concluded on 27 January 2026 after 18 years of negotiations, is being hailed as a landmark “mother of all deals” for its scale, ambition, and strategic depth, creating a free trade zone covering nearly two billion people and about a quarter of global GDP. The pact grants preferential market access to 99% of Indian exports by value, offering a stable and predictable environment for long-term investment and significantly boosting labour-intensive sectors such as textiles, leather, marine products, and gems and jewellery, while safeguarding sensitive areas like agriculture and dairy. In return, 96.6% of EU exports will see zero or reduced tariffs, delivering billions in savings and opening India further to European automobiles, machinery, chemicals, pharmaceuticals, and premium wines under phased liberalisation. Beyond tariffs, the agreement spans services, MSMEs, digital trade, mobility for professionals and students, and supply-chain resilience, positioning the FTA as a strategic blueprint for shared prosperity, deeper India-EU partnership, and future-ready growth once ratified and implemented from 2027 onward
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