The European Union and India have successfully concluded their long-running Free Trade Agreement (FTA) negotiations, reaching a historic agreement. This comprehensive agreement aims to facilitate trade in goods and services by significantly reducing customs duties between the world’s two largest markets. Expanding market access, particularly in the automotive, digital services and agriculture sectors, has been identified as a strategic priority.

Under the agreement, the parties have committed to strong cooperation on enhancing supply chain security and accelerating the transition to green energy. In addition, a common framework has been established for the protection of intellectual property rights and the alignment of digital trade rules with international standards.

This partnership is expected to strengthen the EU’s economic presence in the Indo-Pacific region while also increasing India’s global investment appeal. The process opens the door to sustainable economic growth and new employment opportunities for both regions. With the agreement coming into force, an increase of billions of euros in annual trade volume is anticipated.