US EditionCosta: EU-India Deal Shows 'Reliable' Partners Can Work for Good
The EU will remove tariffs on 99.5% of Indian exports, boosting trade and cooperation in security, defence, and investment between the two economic giants, officials said.
- This week in New Delhi, India and the European Union formally announced a Free Trade Agreement and launched a Security and Defence Partnership during the Republic Day state visit with Ursula von der Leyen and António Costa present at the 16th EU-India Summit.
- After negotiations that began in 2007, the European Union and India finalized the deal amid recent U.S. tariffs including a 25% levy and a push for strategic autonomy.
- Under the pact, the EU will remove tariffs on 99.5 per cent of Indian exports, saving around 4 billion euros annually, phased over up to 10 years.
- Implementation requires domestic ratification in India and EU institutional sign‑offs; the European Commission will submit the agreement to the Council and European Parliament, while both sides agreed to deepen defence cooperation including a Defence Industry Forum and Security of Information Agreement.
- Geopolitically, the European Union gains economic access and strategic ties with India, which helps balance a more assertive China while India preserves multialignment and objects to the EU carbon border adjustment mechanism.
12 Articles
12 Articles
EU and India clinch trade pact amid US tariff war
What happenedThe European Union and India Tuesday announced a free trade agreement that will slash tariffs on most goods over the next decade. The agreement will cover 2 billion people and “one-third of global trade,” Indian Prime Minister Narendra Modi said in New Delhi, standing alongside European Commission President Ursula von der Leyen and European Council President António Costa. Von der Leyen called it “the mother of all deals.”Who said w…
The EU and India strengthen cooperation amid Trump unpredictability
European Commission president Ursula von Der Leyen and European Council president Antonio Costa are in New Delhi this week as the chief guests for India‘s Republic Day celebrations and for the 16th EU-India Summit. It’s a huge moment for Europe and India. The two sides finalized a long-awaited free trade agreement, nicknamed the “Mother of All Deals” by von Der Leyen and India’s Trade Minister Piyush Goyal. It will create, as von Der Leyen point…
By duty for 4 billion and doubling of export in five years. Satisfaction of Modi and von der Leyen
Coverage Details
Bias Distribution
- 75% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
