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Story perspectives

India and EU Aim for 2026 Free Trade Agreement

12/16/2025

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Story summary
  • Piyush Goyal, India's Commerce and Industry Minister, said India is committed to finalizing a Free Trade Agreement with the European Union.
  • Negotiations seek greater trade in textiles and automobiles, aiming for early 2026.
  • The European Union regards India as a key partner and aims to conclude by late January 2026, ahead of Republic Day.
  • Discussions face challenges, including India's concerns about the EU's carbon border tax and tariff reductions.