Bloc India and 27-member European Union (EU) will be launched on Monday, 6 October in Brussels. The round of negotiations on the proposed free trade agreement (FTA) in Brussels.
This round of interviews, scheduled for a last five days from 6 to October 10, 2025, will see both sides “ironed” differences in the “early conclusion” of the negotiations, added the official.
The aim of the assumed Pact is to increase bidirectional trade and investment between India and the EU, covering 23 policy areas and including significant cuts and tax reduction.
PIYUSH GOYAL A HELP Agreement comes “early”
The report added that the Minister of Trade Unions and Minister Piyush Goyal expressed hope that both parties would agree on the agreement and soon a trade agreement between India and the EU would be signed.
Goyal is likely to meet the EU Commissioner for Maros Sefcovic in South Africa later in October. Both are set to “check the progress of interviews”, before the planned December date to close negotiations, he added.
What does FTA include? What are the benefits?
Business negotiations in India-Eu concern 23 areas or chapters of politics, including competition, customs and trade, dispute settlement, geographical indications, public procurement, investment, IP rights, rules of origin, sanitary and phytosanitary measures, sustainable development, sustainable development service.
In FY25, bilateral trafficking in EU in India was $ 136.53 billion – of which exports included goods worth $ 75.85 billion and imports had $ 60.68 billion. As a result, they made them the largest business partner for goods.
The EU market represents about 17 % of India’s total exports and its exports to India are 9 % of its total overseas consignments. In addition, in 2023, bilateral trade in services between India and the EU was estimated at $ 51.45 billion.
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