India and European Union move toward finalizing historic trade agreement as leadership summit approaches

India and the EU expect to conclude trade deal talks this month during a leadership visit. The pact covers 120 billion euros in annual bilateral trade volume.

Insights:
India ININTrade Secretary Rajesh Agrawal rajesh agrawalstated on January 15, 2025, that negotiations for a trade deal with the European Union EUEUare expected to conclude this month. The two sides are described as very close to finalizing the pact, with European Council President Antonio Costa antonio costaand European Commission President Ursula von der Leyen ursula von der leyenscheduled to visit Indiafrom January 25 to 27, 2025. An India-EU summit is planned for January 27, 2025, to be co-chaired by the visiting leadership and Prime Minister Narendra Modi narendra modi.
A mobile crane carries a container at Deendayal Port in Kandla, in the western state of Gujarat, India, April 5, 2025. REUTERS/Amit Dave
A mobile crane carries a container at Deendayal Port in Kandla, in the western state of Gujarat, India, April 5, 2025. REUTERS/Amit Dave
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