India and EU finalize landmark trade deal
after close1 source ↓written by the desknot a recommendation
- eliminating tariffs
- 96.6% of EU goods
- over seven years
- 99.5% of Indian imports
The FTSE 100 rose as traders reacted to a landmark trade deal between India and the EU, concluding nearly two decades of negotiations. The agreement aims to double EU goods exports to India by 2032, eliminating tariffs on 96.6% of EU goods and 99.5% of Indian imports over seven years. This deal creates a free trade zone for two billion people, enhancing trade relations significantly.
Not investment advice. For informational purposes only.