India and the European Union are reportedly close to finalizing a free trade agreement. The pact may reduce EU duties on key Indian exports, including cars and wine, potentially boosting trade between the two regions.

India and EU Near Free Trade Deal, Could Boost Exports

The European Union on Wednesday (Sep 17) said that India’s close ties with the bloc may be hampered by New Delhi’s Russian oil purchases and participation in military drills with Moscow. This comes as the EU pushes to finalise a trade deal with India and strengthen bonds in areas like defence amid global tensions brought by US President Donald Trump. Meanwhile, India and the US held discussions in New Delhi on Tuesday (Sep 16) to discuss a Bilateral Trade Agreement (BTA) after Trump imposed 50 per cent tariffs on Indian goods.“Ultimately, our partnership is not only about trade, but also about defending the rules-based international order,” EU foreign policy chief Kallas said, as she unveiled the ‘New Strategic EU-India Agenda’ aimed at strengthening commercial ties between the EU and India.“Participating in military exercises, purchases of oil – all these are obstacles to our cooperation when it comes to deepening the ties,” Kallas said. She also acknowledged that while the EU did not expect that New Delhi would “completely decouple” from Russia, the two sides call for talking through their issues.Earlier this month, India took part in Russia’s Zapad (West) joint drills with Belarus and Iran. The military exercises took place near NATO borders.Last week, US President Donald Trump urged the EU to impose hefty tariffs on India and China over Russian oil purchases to push Russian President Vladimir Putin to end the war in Ukraine. Meanwhile, India and the EU are also engaging in talks to finalise a free trade agreement by the end of this year.The development comes as India and the United States are holding talks to discuss a Bilateral Trade Agreement. On Tuesday (Sep 17), representatives from the US and India held negotiations in New Delhi, marking the first time representatives from both nations met after Trump slapped 50 per cent tariffs on Indian goods.

Meanwhile, India and the US held discussions in New Delhi on Tuesday (Sep 16) to discuss a Bilateral Trade Agreement (BTA) after Trump imposed 50 per cent tariffs on Indian goods.

The European Union on Wednesday (Sep 17) said that India’s close ties with the bloc may be hampered by New Delhi’s Russian oil purchases and participation in military drills with Moscow. This comes as the EU pushes to finalise a trade deal with India and strengthen bonds in areas like defence amid global tensions brought by US President Donald Trump. Meanwhile, India and the US held discussions in New Delhi on Tuesday (Sep 16) to discuss a Bilateral Trade Agreement (BTA) after Trump imposed 50 per cent tariffs on Indian goods. “Ultimately, our partnership is not only about trade, but also about defending the rules-based international order,” EU foreign policy chief Kallas said, as she unveiled the ‘New Strategic EU-India Agenda’ aimed at strengthening commercial ties between the EU and India. “Participating in military exercises, purchases of oil – all these are obstacles to our cooperation when it comes to deepening the ties,” Kallas said. She also acknowledged that while the EU did not expect that New Delhi would “completely decouple” from Russia, the two sides call for talking through their issues. Earlier this month, India took part in Russia’s Zapad (West) joint drills with Belarus and Iran. The military exercises took place near NATO borders. Last week, US President Donald Trump urged the EU to impose hefty tariffs on India and China over Russian oil purchases to push Russian President Vladimir Putin to end the war in Ukraine. Meanwhile, India and the EU are also engaging in talks to finalise a free trade agreement by the end of this year. The development comes as India and the United States are holding talks to discuss a Bilateral Trade Agreement. On Tuesday (Sep 17), representatives from the US and India held negotiations in New Delhi, marking the first time representatives from both nations met after Trump slapped 50 per cent tariffs on Indian goods.

Meanwhile, India and the US held discussions in New Delhi on Tuesday (Sep 16) to discuss a Bilateral Trade Agreement (BTA) after Trump imposed 50 per cent tariffs on Indian goods.

‘Obstacles to our cooperation’: EU warns India over Russian oil purchase, military exercises with Moscow

The European Commission on Wednesday issued a key policy document that aims to strengthen ties with India in key domains, including security. The ‘New Strategic EU-India Agenda' focuses on strengthening commercial ties by pushing for finalising India, EU free trade agreement and pitches for launching talks for a Security of Information Agreement, which will facilitate classified information exchange that will support closer security and defence cooperation.India and the EU together account for 25 per cent of the global population and GDP. The EU is India's largest trading partner in goods, and the bilateral trade in goods was worth $120 billion last year. Currently, 6000 European companies are present in India. &nbsp;Among the document's key features are strengthening regional connectivity initiatives, such as the India-Middle East-Europe Economic Corridor (IMEC), EU-India trilateral cooperation with and in third countries and proposes developing a comprehensive mobility cooperation framework covering study, work, and research.The document, whose release came on the day of Indian PM Modi's 75th Birthday celebration, also proposes the conclusion of the Investment Protection Agreement (IPA), the upgrade of the bilateral Macroeconomic Dialogue and the creation of an EU-India Task Force on Green Hydrogen.The Indian side "appreciated" the adoption of the new Strategic EU-India Agenda by the EU during the telephonic conversation between PM Modi and President of the European Commission Ursula von der Leyen. During the talks, the European side congratulated the PM on his birthday as both said "reaffirmed their commitment to a conclusion of the India-EU FTA negotiations before the end of the year", said an Indian readout. The leaders also discussed the war in Ukraine, with the Indian calling for an "early and peaceful resolution of the conflict in Ukraine".The release of the document and talks between PM Modi and President Ursula von der Leyen come a week after the 13th round of FTA talks, &amp; visit of the EU commissioner on Trade and Agriculture. Both sides are now working on the upcoming India-EU summit, expected to happen next year, in Delhi.The EU document released today also called for more counterterror cooperation between India &nbsp;EU. Calling the Pahalgam terror attack a "tragic reminder of terrorism’s human cost", the new strategic plan called for the need to "combat terrorism financing, online propaganda, and risks posed by emerging technologies". The document said, "the EU is committed to further strengthening counterterrorism cooperation to assess global threats, counter extremism and terrorism financing".

India and the EU together account for 25 per cent of the global population and GDP. The EU is India's largest trading partner in goods, and the bilateral trade in goods was worth $120 billion last year. Currently, 6000 European companies are present in India.

The European Commission on Wednesday issued a key policy document that aims to strengthen ties with India in key domains, including security. The ‘New Strategic EU-India Agenda' focuses on strengthening commercial ties by pushing for finalising India, EU free trade agreement and pitches for launching talks for a Security of Information Agreement, which will facilitate classified information exchange that will support closer security and defence cooperation. India and the EU together account for 25 per cent of the global population and GDP. The EU is India's largest trading partner in goods, and the bilateral trade in goods was worth $120 billion last year. Currently, 6000 European companies are present in India. Among the document's key features are strengthening regional connectivity initiatives, such as the India-Middle East-Europe Economic Corridor (IMEC), EU-India trilateral cooperation with and in third countries and proposes developing a comprehensive mobility cooperation framework covering study, work, and research. The document, whose release came on the day of Indian PM Modi's 75th Birthday celebration, also proposes the conclusion of the Investment Protection Agreement (IPA), the upgrade of the bilateral Macroeconomic Dialogue and the creation of an EU-India Task Force on Green Hydrogen. The Indian side "appreciated" the adoption of the new Strategic EU-India Agenda by the EU during the telephonic conversation between PM Modi and President of the European Commission Ursula von der Leyen. During the talks, the European side congratulated the PM on his birthday as both said "reaffirmed their commitment to a conclusion of the India-EU FTA negotiations before the end of the year", said an Indian readout. The leaders also discussed the war in Ukraine, with the Indian calling for an "early and peaceful resolution of the conflict in Ukraine". The release of the document and talks between PM Modi and President Ursula von der Leyen come a week after the 13th round of FTA talks, & visit of the EU commissioner on Trade and Agriculture. Both sides are now working on the upcoming India-EU summit, expected to happen next year, in Delhi. The EU document released today also called for more counterterror cooperation between India EU. Calling the Pahalgam terror attack a "tragic reminder of terrorism’s human cost", the new strategic plan called for the need to "combat terrorism financing, online propaganda, and risks posed by emerging technologies". The document said, "the EU is committed to further strengthening counterterrorism cooperation to assess global threats, counter extremism and terrorism financing".

India and the EU together account for 25 per cent of the global population and GDP. The EU is India's largest trading partner in goods, and the bilateral trade in goods was worth $120 billion last year. Currently, 6000 European companies are present in India.

EU issues key policy document that aims to strengthen ties with India

India and the EU will agree to resume the negotiations at the virtual summit between Prime Minister Modi and top leadership of the bloc

India, EU to announce resumption of FTA talks at virtual summit

The European Union is turning from China to India. After suspending a trade deal ratification with Beijing, the EU is now looking to revive stalled trade talks with New Delhi.

Gravitas: EU choses India over China for free trade

The European Union announced that it will open its borders on Wednesday for travel to visitors from 15 countries but did not include the U.S, India, Brazil, Russia on the list of approved nations.

EU reopens travel to 15 countries, excludes U.S, India, Brazil

eu-india

Eu India, News on Eu India, stories on Eu India, articles on Eu India, Eu India stories at Wion, Eu India news, Eu India latest news

eu india

India and EU Near Free Trade Deal, Could Boost Exports

EU warns India over Russian oil purchase, military exercises with Moscow

EU issues key policy document that aims to strengthen ties with India

India, EU to announce resumption of FTA talks at virtual summit

Gravitas: EU choses India over China for free trade

EU reopens travel to 15 countries, excludes U.S, India, Brazil