US EditionHistoric EU-India Trade Deal Nears Completion Amid Strategic Summit Preparations
- On January 27, the India‑EU summit will announce the conclusion of negotiations for a trade deal creating a market of two billion people and nearly a quarter of global GDP.
- Driven by a push to access growth markets, the EU aims to give European businesses better access to expanding markets and strengthen trade amid rising protectionism, von der Leyen said.
- Nearly 90 percent of industrial tariffs would be cut, boosting competitiveness for Estonian machinery, electrical equipment and medical devices, while Estonia's service exports worth about 58.5 million in telecommunications, transport and tourism benefit from market liberalisation.
- Estonia's government backed the deal last November, and officials say it will strengthen Estonia's economic diplomacy while U.S. tariff threats from President Donald Trump create a tense backdrop.
- Broader EU ambitions connect Mercosur and Indo‑Pacific ties, with Mercosur forming the sixth‑largest economy of nearly 300 million people.
19 Articles
19 Articles
EU, India on cusp of 'historic' trade agreement: Ursula von der Leyen
New Delhi: India and the European Union are on the cusp of a “historic trade agreement” that would create a market comprising two billion people accounting for almost a quarter of the global GDP, European Commission President Ursula von der Leyen said on Tuesday, January 20. President of the European Council, Antonio Costa and von der Leyen will be in India from January 25 to 27 to grace the Republic Day celebrations as chief guests and hold sum…
Times of India
The Economic TimesIndia-Europe ‘mother of all deals’ within reach as EU chief Ursula von der Leyen hints at breakthrough
In a move that could redefine trade relationships, India and the European Union are finalising a groundbreaking free trade agreement. EU dignitaries Ursula von der Leyen and Charles Michel are set to be the esteemed Chief Guests at India's Republic Day celebration.
EU, India close to sealing 'mother of all deals' worth a quarter of global GDP
European Commission President Ursula von der Leyen said negotiators had made substantial progress, but the deal still needed final work before both sides could seal it. “There is still work to do. But we are on the cusp of a historic trade agreement.
Historic EU-India Trade Deal Nears Completion Amid Strategic Summit Preparations
The European Union is on the brink of finalizing a landmark trade agreement with India. European Commission President Ursula von der Leyen, speaking at the World Economic Forum, emphasized the deal's potential impact on fostering growth and cooperation. High-level meetings and a summit are planned to further deepen EU-India relations.
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