India EU trade deal Archives - India Podcast

UN chief Guterres cites India-EU trade agreement, stresses multi-polarity

Sirisha P — Fri, 30 Jan 2026 11:00:52 +0000

UN chief Guterres cites India-EU trade agreement while underlining the need to strengthen multi-polarity in the global system. Speaking at the United Nations on Friday, the UN Secretary-General said such partnerships show how cooperation can drive shared growth and stability. UN chief Guterres cites India-EU trade agreement as an example of constructive global engagement.

He referred to the landmark free trade agreement signed by India and the European Union on January 27, 2026. The deal aims to create a combined market of nearly two billion people and expand trade, investment, and economic cooperation.

Guterres said the agreement reflects growing collaboration between major economies at a time of global uncertainty. He noted that multi-polarity requires strong institutions, fair trade, and mutual respect among nations.

The UN chief said large trade blocs can help balance global power and reduce economic fragmentation. He added that such agreements should also support sustainable development and inclusive growth.

India and the EU described the agreement as the “mother of all deals.” Officials said it will reduce tariffs, improve market access, and promote innovation across sectors.

Guterres said global challenges like climate change and inequality need cooperative solutions. He urged countries to work together and strengthen multilateral frameworks.

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India-EU FTA Credit Positive for India: Moody’s

Neha Kumari — Wed, 28 Jan 2026 11:18:50 +0000

India-EU FTA credit positive for India, as the landmark trade pact is set to strengthen manufacturing, attract foreign investment, and improve export competitiveness, according to Moody’s Ratings. India and the European Union announced the conclusion of the long-pending Free Trade Agreement on January 28, 2026.

The agreement will allow 93% of Indian exports to enter the EU with zero duty, giving Indian businesses access to a market of nearly two billion consumers. The India-EU FTA credit positive for India outlook reflects improved market access and reduced trade barriers for labour-intensive sectors.

Moody’s noted that the pact supports India’s strategy to diversify trade partnerships while building domestic manufacturing capacity. Lower tariffs will also help Indian exporters remain competitive in sectors such as textiles, leather, gems and jewellery, furniture, toys, and marine products.

Currently, EU tariffs on Indian goods average 3.8%. Under the deal, these will fall sharply to around 0.1%, significantly easing export costs. In many high-duty sectors, the EU will fully eliminate tariffs for Indian products.

Meanwhile, India will gradually offer duty-free access to over 90% of EU goods over a ten-year period. European automakers, wine producers, and food exporters will benefit from phased tariff reductions.

Moody’s added that the agreement’s full benefits depend on regulatory reforms and improved ease of doing business. Once implemented, the pact will likely enhance India’s global trade standing and long-term credit profile.

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Greek PM Backs India-EU Trade Deal in Call with PM Modi

Anil Vanna — Fri, 19 Sep 2025 11:55:50 +0000

Greece’s Prime Minister Kyriakos Mitsotakis on Friday called Prime Minister Narendra Modi, extending greetings on his birthday and reaffirming Greece’s commitment to deepening ties with India.

During the call, Mitsotakis expressed support for the early conclusion of a mutually beneficial India-European Union Free Trade Agreement (FTA). He also conveyed Greece’s backing for the AI Impact Summit, which India will host in 2026. Modi thanked him for the warm wishes and appreciated Greece’s strong partnership.

According to a statement by the Prime Minister’s Office, the two leaders welcomed progress in cooperation across trade, investment, shipping, defence, technology, and people-to-people ties. They also exchanged views on regional and global issues and agreed to stay in close contact.

India-Greece relations were elevated to a Strategic Partnership during Modi’s visit to Athens in August 2023. Since then, both countries have engaged actively in multilateral forums and explored closer cooperation in maritime security, defence, and economic growth.

Mitsotakis visited India in February 2024, the first Greek head of government to do so in 15 years. Both leaders had emphasized shared democratic values, respect for international law, and collaboration on the India-Middle East-Europe Economic Corridor (IMEEC) to boost trade and connectivity.

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EU Unveils New Strategic Roadmap for India Focused on Trade, Technology, and Defence

Samina — Thu, 18 Sep 2025 05:44:53 +0000

The European Union (EU) has unveiled a new strategic roadmap for India, placing special emphasis on trade, technology partnerships, and defence cooperation. The move signals a strengthening of ties between New Delhi and Brussels at a time when global geopolitics is undergoing rapid change.

According to EU officials, the roadmap aims to accelerate negotiations on the India-EU Free Trade Agreement (FTA), which has been pending for years. Both sides are expected to push for greater market access, smoother investment flows, and a stronger focus on supply-chain resilience. Analysts say that concluding the FTA could unlock significant opportunities for Indian exporters while also attracting more European investors into the country.

Technology cooperation forms the second major pillar of the roadmap. The EU is keen on working with India in areas such as semiconductors, artificial intelligence, cybersecurity, and green technologies. Joint research initiatives and technology-sharing mechanisms are expected to feature prominently in upcoming rounds of dialogue.

Defence and security cooperation also occupy a central place. The EU has outlined plans to engage more closely with India on maritime security, counter-terrorism, and joint military training, given the strategic importance of the Indo-Pacific. Officials have stressed that India is viewed as a key partner in maintaining a stable and rules-based order in the region.

The new roadmap also highlights cooperation in climate action, clean energy, and sustainable development. Brussels and New Delhi plan to expand partnerships in renewable energy and carbon-reduction strategies, reflecting their commitments to the Paris Agreement.

Indian officials welcomed the roadmap, calling it a “forward-looking framework” that aligns with India’s ambitions in global trade and technology. Observers believe the initiative could significantly deepen India-EU ties and position the two sides as stronger strategic partners in the coming decade.

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India-EU Trade Talks Enter 13th Round in New Delhi

Sravan — Mon, 08 Sep 2025 09:07:13 +0000

The 13th round of India-EU trade talks is underway in New Delhi. EU Trade Commissioner Maroš Sefčovič will meet Commerce Minister Piyush Goyal on Friday to drive discussions forward.

Both sides want to finalise the trade deal by December 2025. Officials see this round as critical in shaping the future of the agreement. India believes the deal could cushion its economy against global uncertainty and counter fresh US tariffs imposed by President Donald Trump.

Negotiators are focusing on sensitive sectors. India has assured farmers that their interests will not be compromised. While the EU seeks wider market access, New Delhi insists domestic producers must remain protected.

The agreement promises reduced tariffs, stronger investments, and closer economic cooperation. Experts say it could open new doors for Indian exports and make trade with Europe easier and more profitable.

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India and EU Likely to Seal Free Trade Agreement by December

Sravan — Fri, 05 Sep 2025 06:05:58 +0000

The India and EU likely to seal free trade agreement by December development comes after Prime Minister Narendra Modi and EU leaders Antonio Costa and Ursula von der Leyen pledged to finalize talks soon.

During a joint phone call, the leaders discussed the importance of promoting a rules-based global order and addressing global issues together. Modi reaffirmed India’s consistent support for peace in Ukraine, highlighting the need for stability and cooperation. Von der Leyen noted that India has an important role in ending Russian aggression and creating a path toward peace.

The leaders agreed that the India-EU strategic partnership should foster stability, strengthen economic ties, and encourage innovation and resilience. They also discussed holding the next India-EU summit in New Delhi at an early date of mutual convenience.

Negotiations for the Free Trade Agreement (FTA) resumed in June 2022 after an eight-year pause. Both sides have made significant progress in sectors like trade, technology, investment, sustainability, defense, and supply chain resilience. They also committed to advancing the India-Middle East-Europe Economic Corridor (IMEEC).

The India and EU likely to seal free trade agreement by December signals a major step toward stronger bilateral ties and economic growth.

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