Negotiations for the India-EU Free Trade Agreement are now in a decisive stage.
Both sides aim to sign the pact by December 2025 after years of stop-start discussions.
The EU remains India’s largest goods trade partner, with bilateral trade of $137.5 bill
ion in FY24.
Over the past decade, India’s trade with Europe has nearly doubled, reflecting strong ties.
Contentious issues include tariff cuts, regulatory standards, and intellectual property rig
hts.
India is balancing domestic industry protection with the lure of export expansion.
The EU is pressing for stricter environmental and labour safeguards in the deal.
If signed, the agreement could significantly boost India’s exports in manufactur
ing and pharma.
Delays or global political tensions could still derail the ambitious timeline.
Businesses on both sides are pushing for a breakthrough that deepens supply ch
ain integration.