India-EU finalizes free trade deal with significant tariff cuts
after close1 source ↓written by the desknot a recommendation
- covering
- 25% of global GDP
- by value
- 96.6% of traded goods
- to India
- 2032
India and the EU have finalized a free trade agreement after nearly two decades, covering 25% of global GDP. The deal aims to eliminate tariffs on 96.6% of traded goods by value, potentially doubling EU exports to India by 2032. This pact is expected to save European companies EUR4 billion in duties, enhancing trade relations significantly.
Not investment advice. For informational purposes only.