India, Jan. 28 -- India and the European Union (EU) on Tuesday announced the conclusion and finalisation of negotiations for the proposed free trade agreement (FTA). This will be the 19th trade deal for India. The FTA will help boost the country's exports to the 27-nation bloc.Since 2014, India has finalised seven trade pacts - Mauritius (April 2021 implemented), Australia (December 2022 implemented), UAE (May 2022 implemented), Oman (signed in December 2025), UK (signed in July 2025), EFTA (implemented in October 2025 - Switzerland, Iceland, Liechtenstein, Norway), and New Zealand (talks concluded in December 2025).

Importance of this FTA

The imposition of high tariffs by the US has disrupted the global flow of goods. India is facing s...