business
EU Moves Forward with Historic Free Trade Agreement with India
The European Commission has taken a significant step by proposing a Free Trade Agreement with India, which could become the largest trade deal between the two entities. This agreement aims to enhance market access, reduce tariffs, and eliminate trade barriers, potentially saving billions in duties. With the EU and India already trading over 180 billion euros annually, this deal is expected to strengthen economic ties and benefit businesses and citizens alike. Approval from the European Council and Parliament is the next step before implementation.
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