India and EU strike major trade agreement with big gains on exports and jobs

India and the EU finalize a major trade deal to cut tariffs, boost exports, and enhance migration opportunities.

India and the European Union have finalised a major trade agreement after nearly two decades of negotiations, marking one of the most significant global trade breakthroughs in recent years.

The deal will see Indian tariffs on 30 per cent of EU goods removed immediately, with duties on more than 96 per cent of traded products either eliminated or reduced over time. This includes sharp tariff cuts on European cars and alcoholic beverages.

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