India and EU Commit to Finalizing Free Trade Agreement by Year-End
In a significant development in international trade relations, India and the European Union (EU) have set a firm deadline to conclude their long-pending free trade agreement by the end of this year. European Commission President Ursula von der Leyen emphasized the importance of this deal during her recent visit to India, where she discussed enhancing trade ties amidst global uncertainties and potential tariff threats from the United States. Both parties are focused on reducing trade barriers, particularly in sectors such as automotive and technology, and are exploring collaboration opportunities in green energy and security. As global alliances shift, this renewed commitment reflects the strategic importance of the India-EU partnership.
The Associated Press, BBC.com, NDTV, The Times of India, Bloomberg, Financial Times, Reuters India, DW (English), The Hindu, POLITICO Europe