EU-India trade relations have progressed with the completion of the 9th round of negotiations for a comprehensive Free Trade Agreement (FTA). The latest round of negotiations covered key topics, such as sustainability concerns including the EU’s Carbon Border Adjustment Mechanism as well as a number of core trade issues such as Sanitary and Phytosanitary measures, Technical Barriers to Trade, Rules of Origin, amongst others.

This proposed FTA is expected to significantly boost bilateral trade, enhancing economic cooperation and growth. By 2032, bilateral merchandise exports are projected to grow by 107.6% for the EU to India and 86.6% for India to the EU.

Trade between the EU and India has grown by over 300% in the past two decades with an increase in Foreign Direct Investment (FDI) across key sectors such as computer software and hardware, services, the automotive industry, trade, and construction.

International Economics’ latest EU-India Trade Updates provides detailed insights into bilateral relations, trade in goods and services, foreign direct investment (FDI), and opportunities from the potential FTA. It also covers recent developments in EU-India relations, including ongoing strategic partnerships and challenges related to the carbon tax.