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The India-EU Free Trade Agreement,生效 in January 2026, slashed tariffs on most goods, boosting Indian exports while strengthening ties with Europe and Brazil.
At the 2026 Munich Security Conference, Indian Foreign Minister S Jaishankar and German Foreign Minister Johann Wadephul highlighted the need for sustained trust and deeper cooperation between India and Europe, moving beyond formal agreements.
A major development was the January 2026 India-EU Free Trade Agreement, eliminating tariffs on over 90% of goods and granting India near-zero duty access to 97% of EU tariff lines, boosting exports of agriculture, marine products, and labor-intensive goods while protecting sensitive sectors.
Wadephul called for a more pragmatic European approach toward BRICS nations, focusing on shared democratic values with India and Brazil.
Bilateral ties between India and Brazil have strengthened, with plans for Brazilian President Lula da Silva’s February visit to India, including the second AI Summit, and renewed support for UN Security Council reform.
El Acuerdo de Libre Comercio entre India y la UE, que entró en vigor en enero de 2026, redujo los aranceles sobre la mayoría de los productos, impulsando las exportaciones indias y fortaleciendo los lazos con Europa y Brasil.