India and European Union Move Toward Historic Trade Agreement

India and the European Union are nearing a historic trade pact scheduled for finalization in early 2025. The deal aims to open markets for over 1.4 billion people.

Insights:
India's Trade Secretary Rajesh Agrawal rajesh agrawalstated on January 15, 2025, that India ININand the European Union EUEUare very close to finalizing a broad trade agreement. The two sides are currently exploring whether the agreement can be wrapped up before top leaders from the European Commissionvisit Indialater in January 2025. If concluded, the deal would represent India's largest trade pact to date and significantly alter economic ties with the European Commission.
India's Commerce Secretary Rajesh Agrawal speaks at the India-Russia Business Forum in New Delhi, India, December 4, 2025. REUTERS/Bhawika Chhabra
India's Commerce Secretary Rajesh Agrawal speaks at the India-Russia Business Forum in New Delhi, India, December 4, 2025. REUTERS/Bhawika Chhabra
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