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flag EU and India near landmark trade deal easing tariffs, but climate and rights issues delay final approval.

flag After two decades, EU and India are nearing a major trade deal during their 16th summit in New Delhi, aiming to boost exports by slashing Indian tariffs on European goods like cars and wine, while expanding access for Indian textiles, pharmaceuticals, and IT services. flag The agreement, intended to reduce reliance on the U.S., faces hurdles over climate rules, with the EU rejecting India’s request for exemptions from its carbon border tax and refusing to include environmental and human rights standards as suspension triggers. flag Agricultural products and geographical indication protections remain excluded, with GI provisions delayed. flag Final approval still depends on the European Parliament.

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