European Commission Presents EU-India Free Trade Deal to Council for Signature
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The agreement would lower tariff costs and market-access barriers for European companies in India and provide more predictable trade and investment rules, with direct commercial implications for firms with Indian supply chains or market exposure.
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- European Commission Press CornerEuropean Commission Presents EU-India Free Trade Deal to Council for Signature
The European Commission submitted proposals to the Council for the signature and conclusion of the EU-India Free Trade Agreement, seeking authorisation. If authorised, it would be the largest trade agreement ever concluded by both the EU and India. The deal would eliminate or reduce tariffs on 96% of EU goods exports to India, saving around €4 billion per year in duties, and improve market access and investment rules. The EU and India already trade over €180 billion in goods and services annually, supporting close to 800,000 EU jobs.