India, Jan. 27 -- The Government of India has issued a release:
India and the European Union (EU) announced the conclusion of negotiations for a Free Trade Agreement (FTA), an important milestone in one of India's most strategic economic partnerships. Designed as modern, rules-based trade partnership, the FTA responds to contemporary global challenges while enabling deeper market integration between the world's 4th and 2nd largest economies.
The European Union is India's second-largest export destination for textiles and apparel, after the USA. The EU's total global imports of textiles and apparel stood at USD 263.5 billion in 2024, highlighting the scale and long-term potential of the EU market for Indian textile exporters. India's texti...