Summary:

The Free Trade Agreement (FTA) between the EU and India is one of the biggest in the world, affecting two billion people and accounting for one-third of world trade. One-fourth of the world's GDP and Rs. 1,029.93 lakh crore (US$11 trillion) in trade flows will come from what Darpan Jain called the "mother of all deals." Goods, services, digital trade, telecom, finance, intellectual property, and regulation are all covered by Beyond Tariff Cuts. likely to increase supply chain integration, investment, and manufacturing cooperation. Automobiles, textiles, chemicals, leather, and digital services are important industries. At Rs. 39.42 lakh crore, services exports are growing more quickly than goods exports, which are at Rs. 41.38 lakh crore. Improve long-term investment, predictability, and market access between the EU and India.

Source: IBEF

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