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Swedish Envoy Jan Thesleff: On SMEs, Sustainability and Why India-EU Trade Deal Would Be a Game-Changer

India and the EU aim to conclude a Free Trade Agreement by year-end to boost trade valued at €120 billion annually and support exporters amid global challenges.

  • From September 12 to 13, 2025, Maros Sefcovic, the EU's Trade Commissioner, and Christophe Hansen, the EU Commissioner responsible for Agriculture and Food, visited India to spearhead discussions on the ongoing India-European Union Free Trade Agreement.
  • This visit follows ongoing talks and a shared political commitment by India and the EU to conclude the FTA negotiations early, aiming for agreement within the year.
  • The India-EU FTA is expected to facilitate trade for approximately 1.9 billion people and is considered potentially the world's largest trade agreement, involving strong emphasis on regulatory balance and non-tariff barriers.
  • Union Commerce Minister Piyush Goyal emphasized that an equitable Free Trade Agreement would create fresh prospects for businesses, while German Foreign Minister Johann Wadephul expressed his country’s dedication to swiftly completing the deal.
  • The negotiations and expected agreements suggest increased cooperation between India and the EU on trade, climate change, and sustainability, with smaller enterprises expected to drive new market entries in India.
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OpIndia broke the news in on Thursday, September 11, 2025.
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