The Economic Times

EU-India FTA: European Commission sends landmark trade deal to council for signature, paving way for ratification

The European Commission seeks approval to sign a major Free Trade Agreement with India. This pact will significantly expand market access and reduce tariffs on many goods. European exporters anticipate saving billions annually as duties are eliminated or lowered. The agreement also enhances access to India's services market and strengthens intellectual property rights. Both sides are establishing contact points to assist smaller exporters in utilizing the pact.