India and EU Set Year-End Deadline for Free Trade Agreement and Expand Strategic Ties

Leaders commit to finalizing a trade deal while advancing cooperation in security, green technology, and connectivity projects.

India and the European Union aim to finalize a comprehensive free trade agreement by the end of 2025, following years of stalled negotiations.
The proposed deal seeks to address key issues, including tariff reductions, improved market access, and mobility for skilled workers.
India and the EU are also exploring a new security and defense partnership to tackle shared challenges such as terrorism, cyber threats, and maritime security.
Discussions highlighted the strategic importance of the India-Middle East-Europe Corridor, which aims to enhance connectivity and global trade routes.
The EU remains India's largest trading partner, with bilateral trade exceeding $137 billion in 2023-24, and both sides are pushing for increased collaboration in green technology, pharmaceuticals, and infrastructure.