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India and EU Resume Free Trade Agreement Negotiations

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India and EU Resume Free Trade Agreement Negotiations

AspectDetails
EventIndia-EU Free Trade Agreement (FTA) negotiations resumed
Round of Talks11th round (May 12-16, 2025) in Brussels
ObjectiveFinalise interim agreement, achieve comprehensive FTA by end of 2025
Key FocusEnhance market access, reduce non-tariff barriers (NTBs), trade liberalisation in low-conflict sectors
BackgroundOngoing negotiations since 2007, India signed ECTA with Australia (2022), nearing UK FTA
Other Trade TalksExploring Bilateral Trade Agreement (BTA) with the US
EU-India Trade StatusEU is one of India's largest trading partners
Sectors BenefitedTextiles, IT, pharmaceuticals, automobiles
SignificanceDeepens economic integration, addresses global trade uncertainty, boosts India's trade image

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