Global Affairs: The India–European Union Landmark Free Trade Agreement
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Global Affairs: The India–European Union Landmark Free Trade Agreement
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About this listen
After nearly two decades of negotiations, India and the European Union have finalized one of the most far-reaching free trade agreements in recent global history.
The agreement significantly reduces tariffs across the majority of goods traded between the two regions, with direct implications for automotive manufacturing, textiles, engineering, and industrial supply chains. Beyond trade liberalisation, the pact includes EU-backed financial commitments to support India’s industrial decarbonisation efforts and aligns regulatory and legal standards to improve long-term investor confidence.
In an era marked by protectionism and geopolitical realignment, this strategic partnership positions India and the EU as a unified economic bloc, aiming to nearly double bilateral trade by 2030.
This episode breaks down what was agreed, why it matters now, and how it reshapes global trade and capital flows.