India-EU Summit: Tariffs On European Spirits Cut To 40% As India, EU Finalise Trade Dea
Edited By WION Video Desk
Published: Jan 27, 2026, 15:36 IST | Updated: Jan 27, 2026, 15:36 IST
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Prime Minister Narendra Modi has announced that India and the European Union have finalised a landmark trade deal. As part of the agreement, tariffs on European spirits will be reduced to 40%, marking a major step forward in bilateral trade and economic cooperation. The deal is expected to boost market access, investment, and long-term India–EU relations.
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