Landmark India-EU FTA Opens New Economic Horizons
The India-EU Free Trade Agreement (FTA), announced by Prime Minister Narendra Modi and European Commission President Ursula von der Leyen, marks a pivotal moment in India-EU trade relations. The FTA provides unprecedented market access for over 99% of Indian exports to the European Union, facilitating growth in various sectors from textiles to tech services. With a focus on labour-intensive industries, the FTA is poised to create numerous jobs, benefiting women, youth, and MSMEs. The agreement also contains comprehensive provisions for mobility and climate-related measures, solidifying a future-ready partnership between the two economic giants.
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