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India and the EU aim to finalize a trade deal by end-2025, boosting economic ties and addressing key issues like market access and carbon rules.
India and the European Union are pushing forward negotiations for a Free Trade Agreement (FTA), aiming to conclude a deal by the end of 2025, according to EU Ambassador Herve Delphin.
The FTA is seen as key to unlocking vast economic potential, with the EU already India’s largest trading partner—accounting for €120 billion in goods trade and €180 billion including services.
Over 6,000 European companies operate in India, supporting more than three million jobs and aligning with India’s 'Make in India' initiative.
The 14th round of talks begins October 6 in Brussels, with both sides working on unresolved issues like market access, rules of origin, and the EU’s carbon border adjustment mechanism.
Alongside the FTA, an Investment Protection Agreement is under negotiation, and a new Strategic Agenda focuses on innovation, critical supply chains, sustainability, and improved mobility for ICT workers.
Delphin highlighted the complementary nature of the two economies and the importance of strengthening ties amid rising global trade barriers.
La India y la UE tienen como objetivo finalizar un acuerdo comercial para finales de 2025, impulsar los lazos económicos y abordar cuestiones clave como el acceso al mercado y las reglas de carbono.