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India, EU Edge Closer to Free-Trade Pact

12/10/2025

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Summary

Story summary

India and the European Union are nearing a free-trade agreement after years of stalled negotiations.
Renewed political will and shared economic interests have emerged despite tensions over carbon taxes, Russia, and rising US protectionism.
In New Delhi, Piyush Goyal (Indian Commerce Minister) and Maros Sefcovic (European Trade Commissioner) met to intensify talks toward finalizing the pact, with Goyal optimistic about a year-end completion.

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Story summary

India and the European Union are nearing a free-trade agreement after years of stalled negotiations.
Renewed political will and shared economic interests have emerged despite tensions over carbon taxes, Russia, and rising US protectionism.
In New Delhi, Piyush Goyal (Indian Commerce Minister) and Maros Sefcovic (European Trade Commissioner) met to intensify talks toward finalizing the pact, with Goyal optimistic about a year-end completion.