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EU and India near deal to boost trade to $135B, cut tariffs, despite U.S. criticism over Russian oil ties.
In order to complete a significant free trade deal that could reduce tariffs on European goods like wine and cars, increase trade to $135 billion, and fortify economic ties in the face of global instability, EU leaders are in New Delhi for high-level talks with India.
The Trump administration criticizes the agreement, arguing that EU purchases of refined Russian oil from India violate sanctions.
The agreement is seen as strategic for diversifying trade and lowering reliance on the United States.
EU officials reiterate support for Ukraine and maintain pressure on Russia while highlighting the pact's significance for market access and supply chain resilience despite tensions.
UE e India cerca de acuerdo para impulsar el comercio a $ 135B, reducir los aranceles, a pesar de las críticas de Estados Unidos sobre los lazos petroleros rusos.