Who Gains What From India-EU Trade Deal

Описание: Who Gains What From India-EU Trade Deal
The historic India-EU Free Trade Agreement , widely dubbed the "Mother of all deals," marks a transformative shift in global economics, uniting two powers representing 25% of the world's GDP. For India, the agreement is a massive win for labour-intensive sectors, granting zero-duty access to European markets for textiles, leather, gems and jewellery, and marine products—industries previously hampered by high tariffs. In return, Europe secures unprecedented entry into India's vast consumer base, with significant tariff reductions on key exports like automobiles, wines, and advanced machinery.

Beyond goods, the deal deepens ties in services, boosting India’s IT and professional sectors while opening financial markets to EU firms. Strategically, this partnership diversifies supply chains and establishes a robust economic corridor, insulating both regions from global geopolitical volatility.



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