India-EU FTA Concluded: Farmers' Interests Protected, Key Sectors Gain Zero-Duty Access

Economy
N
News18•27-01-2026, 23:17
India-EU FTA Concluded: Farmers' Interests Protected, Key Sectors Gain Zero-Duty Access
- •India and the EU have concluded negotiations for a Free Trade Agreement (FTA), set to take effect by 2027.
- •Sensitive agricultural sectors like wheat, rice, maize, and dairy have been completely excluded from the deal, protecting Indian farmers.
- •India's textile and footwear industries will gain zero-duty, quota-free access to the European market.
- •European cars and wines will see reduced duties in India, with premium wines dropping from 150% to 20% duty.
- •The agreement removes tax restrictions on 96-97% of trade goods between India and the EU, fostering long-term economic security.
Why It Matters: The India-EU FTA protects Indian farmers by excluding sensitive agriculture while boosting key Indian exports.
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