Deal Unlocks Duty Free Access for Indian Exports and Wider Market Entry for EU Goods
India and the European Union on Tuesday announced the conclusion of negotiations for a comprehensive free trade agreement, marking the end of discussions that stretched over more than two decades. The agreement is expected to reshape bilateral trade by offering significant tariff relief to Indian exporters while granting the EU phased and selective access to the Indian market.The agreement has been described as a landmark pact, creating a combined market of nearly two billion people and laying the foundation for a major expansion in goods and services trade between the two sides.Market Access and Tariff Commitments by the European Union
Under the...