India EU Summit Live Updates: India and the European Union are preparing to conclude key agreements on trade, security and mobility during their summit in New Delhi.
India and the European Union are poised to announce the conclusion of negotiations on a long-awaited free trade agreement during the India-EU summit in New Delhi on January 27, with top leaders from both sides taking part in the discussions. The meeting is set to cover trade, security cooperation and mobility arrangements for students and professionals.
Beyond boosting trade volumes, the pact is expected to bring a qualitative shift in India–EU relations across several sectors, particularly at a time when global commerce is being unsettled by Washington’s tariff-driven policies.
India EU Trade Deal Live Updates: FTA talks conclude, formal announcement today
India EU Trade Deal Live Updates: The EU is India’s largest trading partner, accounting for trade in goods worth €120 billion in 2024, or 11.5 per cent of India’s total trade. Trade in services was worth €59.7 billion in 2023
European Commission President Ursula von der Leyen is set to participate in the India-EU Summit on Tuesday. The summit is expected to mark an important stage in relations between New Delhi and Brussels as both sides work to strengthen economic and strategic cooperation.
India and the EU began FTA negotiations in 2007, but the talks were suspended in 2013 due to differences over the level of ambition. Nearly a decade later, the process was revived in June 2022.
The summit is expected to witness the conclusion of negotiations for a free trade agreement and the finalisation of a Security and Defence Partnership. A framework agreement to facilitate mobility for Indian students and professionals is also set to be finalised as part of the outcomes.
The EU is India’s largest trading partner, accounting for trade in goods worth €120 billion in 2024, or 11.5 per cent of India’s total trade. Trade in services was worth €59.7 billion in 2023.
