SME Times is powered by   
Search News
Just in:   • India-EU FTA: Brussels delegation in New Delhi next week to achieve ‘constructive conclusion’  • APEC biz leaders gather in S. Korea for discussions on AI, energy transition  • Path to Viksit Bharat will be built across our villages: FM Sitharaman  • Pray for happiness, peace and prosperity of Bihar: Nitish Kumar on Chhath  • US keen to finalise trade deal with S. Korea as soon as possible 
Last updated: 29 Oct, 2025  

india-eu1.jpg India-EU FTA: Brussels delegation in New Delhi next week to achieve ‘constructive conclusion’

india-eu1.jpg
   Top Stories
» India-EU FTA: Brussels delegation in New Delhi next week to achieve ‘constructive conclusion’
» APEC biz leaders gather in S. Korea for discussions on AI, energy transition
» Path to Viksit Bharat will be built across our villages: FM Sitharaman
» US keen to finalise trade deal with S. Korea as soon as possible
» India won’t rush into a trade deal: Piyush Goyal
IANS | 29 Oct, 2025

To advance the ongoing free trade agreement (FTA) negotiations, the EU technical team, led by Director General for Trade Sabine Weyand, will visit India next week with the objective of achieving a “constructive conclusion based on the potential solutions identified over the past two days”, an official statement said on Wednesday.

Union Commerce and Industry Minister, Piyush Goyal, visited Brussels from October 26-28 and had productive and meaningful engagements with Maros Sefcovic, European Commissioner for Trade and Economic Security and his team on outstanding issues related to the ongoing India-EU FTA negotiations.

“Both sides reaffirmed their shared commitment to conclude the India-EU FTA by the end of 2025, following the clear direction from Prime Minister Shri Narendra Modi and President of the European Commission Ursula von der Leyen during the College of Commissioners’ visit to New Delhi in February 2025,” according to the official statement.

The engagement focused on achieving a mutually beneficial, balanced and equitable trade agreement, reflecting the depth of political trust and the strategic ties between India and the European Union, and at the same time respecting each other's sensitivities and priorities.

The statement further said that India recognises the importance of ensuring that the FTA remains balanced in addressing both tariff and non-tariff barriers and creating transparent and predictable regulatory frameworks that accelerate trade for both partners in the coming years.

There was intensive engagement to explore possible landing zones on the outstanding issues.

There was also a good discussion on India’s concerns on Non-Tariff Measures and the new EU regulations. During the negotiations, Goyal emphasised the need for preferential treatment for India’s key asks, particularly those with respect to labour-intensive sectors.

Both sides agreed to work closely to finalise the non-sensitive industrial tariff lines. They also agreed that issues related to Steel, Auto, CBAM, and other EU regulations still require further discussion, as these issues have higher sensitivities.

“India looks forward to working closely with the European Union to transform this vision into reality through shared innovation, balanced, equitable, and meaningful trade, and a collective commitment to peace and prosperity,” the statement noted.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹84.00
₹82.25
UK Pound
₹104.65
₹108.10
Euro
₹92.50
₹89.35
Japanese Yen ₹56.10 ₹54.40
As on 25 Jul, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter