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Threat of higher EU tariffs lingers ahead of trade deal
January 23, 2026
|Financial Express Pune
• GSP benefits withdrawn for most Indian items
THE BULK OF INDIAN exports to the European Union (EU) will see their tariffs go up by 20% as the economic bloc claws back concessions under the Generalised System of Preferences (GSP) effective January 1, according to experts.
The hit to Indian merchandise shipments could be short-lived, as a soon-to-be signed free trade agreement between New Delhi and Brussels will supersede the GSP withdrawal. But there are concerns that the roll-out of the FTA benefits could take several months.
The order for GSP withdrawal came on September 25.
هذه القصة من طبعة January 23, 2026 من Financial Express Pune.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Pune
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