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India, EU Narrow Gaps in FTA Talks as India Seeks Clarity on CBAM and Steel Rules

Negotiators will keep talks running at both technical and political levels to close remaining gaps by 2025.

Overview

  • A week-long New Delhi round concluded with substantive convergence across chapters covering goods, services, investment, sustainable development, rules of origin, and technical barriers to trade.
  • Commerce Secretary Rajesh Agrawal held a Nov. 5–6 stocktake with EU DG Trade Sabine Weyand to assess progress and address outstanding issues.
  • Officials report 10 of 20 chapters are finalised and another 4–5 are broadly decided, indicating more than half the text now aligned.
  • Both sides agreed to shift to continuous chief‑negotiator engagement with intensified political-level talks to fast‑track an agreement targeted for end‑2025, with an EU Trade Commissioner visit signalled for late November or early December.
  • India pressed for predictability in the EU’s Carbon Border Adjustment Mechanism and proposed steel regulation to avoid trade distortions for its exporters.