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India, EU wrap up talks for landmark trade deal
January 27, 2026
|Gulf Today
India and the European Union have concluded negotiations on a long-coveted trade deal that will be announced on Tuesday, the South Asian nation's trade secretary said on Monday, an accord both sides hailed as historic as they contend with strained US ties.
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The deal paves the way for free trade of goods between the bloc of 27 European nations and India, which together make up a quarter of the world's gross domestic product and a market of 2 billion consumers.
"It will be a balanced, forward-looking deal for better economic integration with the EU. The deal will propel trade and investment between both sides," said India Trade Secretary Rajesh Agrawal.
Trade between the two sides stood at $136.5 billion in the fiscal year through March 2025.
The formal signing would take place after legal vetting expected to last five to six months, an Indian government official aware of the matter said.
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