Overview
- India and the EU aim to finalize a comprehensive Free Trade Agreement by the end of 2025, with monthly negotiation rounds and virtual engagements to sustain progress.
- Both sides stressed the need to address non-tariff barriers alongside tariff reductions to ensure meaningful market access and fair trade outcomes.
- The agreement aspires to support digital transition, promote resilient supply chains, and reflect evolving global trade dynamics.
- Key goals include enhancing market access, fostering regulatory cooperation, and stimulating innovation and competitiveness for businesses on both sides.
- The next round of negotiations is scheduled for May 12–16 in New Delhi, with both parties committed to resolving pending issues and maintaining negotiation momentum.