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India, EU Set to Announce Free Trade Deal at Jan. 27 Summit

Any concluded text would move to legal scrubbing before votes in the European Parliament and Council.

Overview

  • Summit deliverables are expected to include an FTA announcement alongside a Security and Defence Partnership and a mobility framework for Indian professionals.
  • Negotiators are still working on a compromise on the EU’s Carbon Border Adjustment Mechanism, with think tank GTRI warning that CBAM and non-tariff barriers could blunt gains for Indian exporters.
  • Sectoral deals have advanced, with agreement on wines and spirits and plans for tariff‑rate quotas on automobiles, while agriculture and dairy stay outside the pact.
  • After an announcement, both sides plan legal scrubbing of the text before EU consent procedures, with officials signaling an effort to expedite timelines.
  • A 90‑member EU delegation will attend Republic Day events, a small EU military contingent will join the parade, and the bloc’s urgency has been sharpened by a brewing tariff dispute with the United States.