UP Products to Reach 27 EU Nations Tax-Free: Exports Expected to Surge by 40-45%

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News18•02-02-2026, 22:13
UP Products to Reach 27 EU Nations Tax-Free: Exports Expected to Surge by 40-45%
- •The India–European Union Free Trade Agreement allows Uttar Pradesh products to enter 27 EU countries without tax.
- •This agreement is projected to boost UP and national exports by 40-45% within a year.
- •Exporters, previously affected by American tariffs, will find significant relief as 12-50% taxes on various products are eliminated.
- •Last year, UP's export trade with Europe was approximately 48,000 crore rupees, expected to grow further with new markets.
- •Key UP exports to Europe include chemicals, leather products, gems, electronic goods, machinery, and readymade garments.
Why It Matters: India-EU Free Trade Agreement opens 27 European markets tax-free for UP products, promising a significant export boost.
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