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India and the EU launched a major trade deal on Jan. 27, 2026, granting near-duty-free access to each other’s markets.
India and the EU signed a landmark Free Trade Agreement on January 27, 2026, granting India duty-free access to over 99% of its exports by value, with immediate tariff elimination on 70.4% of key sectors like textiles, leather, and spices.
In return, India will eliminate or reduce duties on 92.1% of its tariff lines, covering 97.5% of EU exports.
The deal, hailed as a "game changer," aims to boost trade, strengthen supply chains, and deepen cooperation in defense, climate, technology, and talent flows, creating a $24 trillion economic partnership.
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India y la UE lanzaron un gran acuerdo comercial el 27 de enero de 2026, otorgando acceso casi libre de aranceles a los mercados de cada uno.