EU-India Trade Pact Clears Major Hurdle, Moves Closer to Reality
What Happened
The European Commission has formally sent the landmark EU-India Free Trade Agreement (FTA) to the Council of the European Union for approval and signature, marking a major step toward implementation. The deal, concluded in January 2026 after years of negotiations, would eliminate or reduce tariffs on 96% of EU goods exports to India and deepen trade and investment ties between the two economies.
Key Takeaways
If approved by the Council and later ratified by the European Parliament and India, the pact would become the largest trade agreement ever signed by India or the EU. The agreement aims to boost market access, cut trade barriers, and strengthen economic ties between two partners that already trade more than €180 billion annually.