When will the EU-India free trade agreement be finalized?

Negotiators have made substantial progress, and a final agreement is anticipated soon, with an upcoming visit by Ursula von der Leyen to India expected to accelerate discussions.

What is the significance of the EU-India trade deal?

The deal is considered historic, aiming to create a market of 2 billion people, deepen economic ties, and boost India's position in global supply chains.

Who is Ursula von der Leyen and what is her role?

Ursula von der Leyen is the President of the European Commission and has been a key figure in announcing the progress towards a trade agreement with India.

Home / Business and Economy / EU and India Near Historic Trade Deal

EU and India Near Historic Trade Deal

20 Jan

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Summary

EU and India are close to a historic free trade agreement.
The deal would create a market of 2 billion people.
A breakthrough would boost India's global supply chain position.

The European Union is nearing a significant free trade agreement with India, described as potentially "historic" by European Commission President Ursula von der Leyen. Substantial progress has been made in negotiations, although final details still require completion.

This proposed pact, which has been in development for years, aims to enhance economic connections across goods, services, investments, and regulatory cooperation between the EU and India. A finalized agreement would represent a major trade achievement for the EU in recent times.

Von der Leyen's upcoming visit to India is anticipated to accelerate discussions, possibly paving the way for a political agreement soon. The deal is projected to open a market of 2 billion people, contributing significantly to global economic activity.

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