Indian goods’ exports to the EU, such as readymade garments, pharmaceuticals, steel, petroleum products, and electrical machinery, can become more competitive if the pact sails through.
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Moneycontrol07-12-2025, 19:43

India, EU FTA: Steel, carbon tax, autos key to final sprint talks

  • India and the EU are in the final sprint to conclude a Free Trade Agreement (FTA).
  • The EU team, led by Sabine Weyand, will meet India's Commerce Minister Piyush Goyal on Monday for discussions.
  • Key differences remain on issues such as steel, carbon tax, automobiles, and non-tariff barriers.
  • Both sides aim to conclude the FTA negotiations by the end of the year.
  • The EU is India's largest trading partner for goods, with bilateral trade at USD 136.53 billion in 2024-25.

Why It Matters: India-EU FTA talks will reshape trade, market access, and economic ties.

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