Back to today’s briefing

Story perspectives

India and EU Strike Landmark Trade Deal, Boost Exports

2/27/2026

50 5 Full Breakdown

Summary

Story summary

On January 27, 2026, Indian Prime Minister Narendra Modi, European Council President Antonio Costa, and European Commission President Ursula von der Leyen announced a trade deal between India and the EU.
The agreement would grant both sides Most Favoured Nation status for five years.
It would reduce tariffs on 96.6% of goods, could double EU exports to India by 2032, and save €4 billion, with agriculture excluded.

1 of 1

Story summary

On January 27, 2026, Indian Prime Minister Narendra Modi, European Council President Antonio Costa, and European Commission President Ursula von der Leyen announced a trade deal between India and the EU.
The agreement would grant both sides Most Favoured Nation status for five years.
It would reduce tariffs on 96.6% of goods, could double EU exports to India by 2032, and save €4 billion, with agriculture excluded.