World

India-EU FTA Talks Gain Momentum After India-UK Deal; 12 Rounds Completed

After concluding the India-UK Free Trade Agreement (FTA), the government has turned its focus to finalising a trade pact with the European Union (EU).

The Centre confirmed on Friday that India and the EU have been negotiating an FTA since June 2022. They have completed 12 rounds of talks, with the latest round held in July 2025.

Minister of State for Commerce and Industry, Jitin Prasada, informed the Rajya Sabha that merchandise exports to the EU have steadily increased. Exports rose from $41.36 billion in FY 2020–21 to $75.76 billion in FY 2024–25. India and the EU aim to conclude the India-EU FTA by the end of 2025.

India’s merchandise exports to the US also showed strong growth. Exports jumped from $51.6 billion in FY 2020–21 to $86.5 billion in FY 2024–25, the minister said.

India recently signed a Comprehensive Economic and Trade Agreement (CEPA) with the UK after successfully completing negotiations. With that achieved, the government is now intensifying talks with the EU and the ASEAN bloc.

In the India-EU FTA negotiations, both parties have exchanged market access offers for goods and services. Some chapters have been finalised, while differences remain on other areas. The next round of talks will take place in India in the first week of September.

Both sides have agreed to first conclude an interim deal to fast-track the process. Commerce Minister Piyush Goyal said last month that the India-EU FTA reflects a shared commitment to deeper economic ties and inclusive growth.

During his Stockholm visit, Goyal addressed the India-Sweden High-Level Trade and Investment Policy Forum. He highlighted the vast scope for collaboration between Swedish and Indian companies.

Also Read: India-UK FTA Hailed As Transformational Step For Inclusive Growth & Trade Integration

Ajaypal Choudhary

Recent Posts

Reliance Jio Adds 10 Times More Mobile Users Than Airtel In September: TRAI Data

Reliance Jio added 1.9 million mobile subscribers in September, nearly 10 times Airtel’s 200,000 additions,…

34 mins ago

Amit Shah Announces Uniform Civil Code In UP If BJP Returns To Power In 2027

Amit Shah announced the BJP’s plan to implement the Uniform Civil Code in Uttar Pradesh…

45 mins ago

PM Modi Releases 24th PM-KISAN Instalment Of Rs 18,680 Crore To 9.34 Crore Farmers

PM Modi releases Rs 18,680 crore under PM-KISAN's 24th instalment, benefiting 9.34 crore farmer families…

1 hour ago

PM Modi Says Agriculture Budget Increased Fivefold Since 2013-14; Farmers Gained Rs 50 Lakh Crore

PM Modi said the agriculture budget rose over fivefold since 2013-14, with farmers gaining Rs…

1 hour ago

Kochi Police Book YouTuber Amrit Singh Darren Over Alleged Communal Remarks About Fort Kochi Cafe

Kerala Police book YouTuber Amrit Singh Darren over alleged communal remarks targeting Fort Kochi’s Kashi…

2 hours ago

HM Amit Shah Inaugurates UP BJP Executive Committee Meeting In Lucknow Ahead Of 2027 Polls

Amit Shah inaugurated the UP BJP meeting in Lucknow to review preparations for the 2027…

2 hours ago