EU India FTA Deal: It ain't over till it's over; how India changed the game in weeks - India Today
India has successfully altered the global trade narrative by moving quickly toward free trade agreements with the European Union and the United Kingdom. At a time when protectionist policies and tariff threats—especially from the US—are reshaping international commerce, India has chosen diplomacy and market access over confrontation. The near-finalisation of these FTAs highlights India’s growing confidence as a global manufacturing and export hub. The proposed agreements aim to lower tariffs, ease regulatory barriers, and open new opportunities for Indian sectors such as pharmaceuticals, textiles, IT services, and automobiles. In return, European and British companies gain smoother access to one of the world’s fastest-growing consumer markets. This strategic push also reflects India’s intent to reduce dependence on a few trading partners while strengthening ties with major economies. By acting decisively, India has positioned itself as a pragmatic and reliable trade partner in an increasingly uncertain global economy.
The Key points
- India fast-tracked trade talks with the EU and UK.
- FTAs aim to reduce tariffs and non-trade barriers.
- Move counters rising global protectionism.
- Indian exports like pharma and textiles gain access.
- EU and UK benefit from India’s large consumer base.
- Strategy lowers dependence on limited trade partners.
- Aligns with India’s long-term manufacturing goals.
- Strengthens India’s global economic credibility.
- Boosts investor confidence in Indian markets.
- Positions India as a key player in global trade diplomacy.
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