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India, EU set to conclude FTA talks on January 27; deal after legal clearances

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[ad_1] New Delhi: India and the 27-nation European Union (EU) will announce the conclusion of negotiations for the much-anticipated free trade agreement (FTA) at a landmark Summit in the capital on January 27. Both sides are also set to sign a security and defence partnership agreement to add momentum to the strong political ties, said people in the know.A small military contingent from the EU will also be participating in the Republic Day parade on January 26, marking the first time that such a contingent will be taking part in a parade, the people said.The EU leadership will grace the Republic Day celebrations as chief guests. President of the European Council Antonio Costa and president of the European Commission Ursula von der Leyen will be on a state visit to India from January 25 to 27. The Summit will witness the announcement of conclusion of negotiations for the FTA that is expected to be signed in a few months after completion of legal procedures including endorsement b...
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US-EU bitter trade row may boost India exports, sweeten Europe FTA

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[ad_1] New Delhi: A brewing tariff war between the US and the European Union may stimulate Indian exports to the 27-nation EU bloc, with both sides currently in the final leg of protracted negotiations for a proposed free trade agreement (FTA).Trade watchers say the EU now has an added incentive to deepen trade ties elsewhere, including India, with the US turning aggressive on European exports.On January 17, US president Donald Trump announced a 10% tariff on imports from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland, explicitly tying the tariffs to Greenland after these countries backed Denmark's refusal to allow any US capture of Greenland. The US tariff will take effect on February 1, rising to 25% on June 1, and will continue until the US secures what Trump called the "complete and total purchase of Greenland,"."The EU might want to hasten the operational part of the deal," said Sanjay Jain, managing director of TT Ltd,...
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Trump effect: Cotton fabrics exports drop 30%

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[ad_1] Cotton textile product exports from India headed southwards since the US announced tariffs in August 2025. Shipments dropped nearly 30% after the levy reached 50% later that month. 1. Average monthly decline after tariffsMonthly exports averaged $517 million in the first seven months of 2025, but dropped to $394 million once tariff began in August, according to the latest Ministry of Commerce and Industry data accessed by ET. 2. Overall US market for cotton textile productsThe US buys nearly one-third of India's textile exports, with cotton-based products accounting for 85-90% shipments, according to K Srikumar, senior vice president, ICRA.Cotton textile exports decline through 2025Live Events3.Overall cotton textile product export between (Jan 2025 - Nov 2025)MONTHVALUE ($ Million)JANUARY531FEBRUARY507MARCH575APRIL497MAY523JUNE483JULY506AUGUST485SEPTEMBER334OCTOBER360NOVEMBER3954. The 2025 data show the decline across all product categories:i) Cotton fabrics and made...
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India's billion-dollar trade deal may be the real show this Republic Day

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[ad_1] India’s Republic Day parade will have more than ceremonial shine this year, as the spotlight shifts from pageantry to policy, setting the stage for what is being touted as the “mother of all trade deals” between India and the European Union (EU) after nearly two decades of negotiations.India and the 27-nation European bloc will announce the conclusion of negotiations for the much-anticipated free trade agreement (FTA) at a landmark Summit in the capital on January 27 as New Delhi prepares to host the EU’s top leadership for 77th Republic Day celebrations. Both sides are also set to sign a security and defence partnership agreement to add momentum to the strong political ties, people in the know told ET Bureau.ALSO READ: Mother of all trade deals is loading: What it means for IndiaUnderscoring the deepening engagement, a small military contingent from the European Union will participate in the Republic Day parade on January 26, marking the first time an EU force will take ...
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India-Europe ‘mother of all deals’ within reach as EU chief Ursula von der Leyen hints at breakthrough

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[ad_1] The European Union and India are moving closer to concluding a long-pending free trade agreement, with negotiations entering what EU leaders describe as a decisive phase, even as a few procedural steps remain.European Commission President Ursula von der Leyen said at the World Economic Forum in Davos on Tuesday that talks with India were nearing a breakthrough. “There is still work to do. But we are on the cusp of a historic trade agreement. Some call it the mother of all deals. One that would create a market of 2 billion people, accounting for almost a quarter of global GDP,” she said, outlining the EU’s push to diversify and deepen its global trade partnerships.Also Read: A trade deal India pursued for 18 years is now within reach but risks remainLinking trade momentum with diplomatic engagement, von der Leyen said she would travel to India next weekend after the Davos meeting. The visit, she noted, is aimed at advancing the proposed agreement and strengthening broader ...
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Reduce customs duty slabs in Budget 2026: GTRI

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[ad_1] New Delhi: India needs to simplify its customs duty structure by cutting the actual number of duty slabs, instead of only tweaking the basic customs duty (BCD) rates, to promote ease of doing business, think tank GTRI said on Tuesday.In its pre-Budget suggestions, the Global Trade Research Initiative (GTRI) said that while the last Budget reduced the number of ad valorem BCD rates to eight, this reform excluded the large number of specific duties, mixed duties, and conditional rates, which continue to create hundreds of effective tariff slabs in practice.Also read: A seat at Trump’s Gaza peace table could test India’s 'reputation and credibility': GTRIFurther, part of the BCD was shifted to the Agriculture Infrastructure and Development Cess (AIDC) to show a lower slab count on paper while keeping the total import duty unchanged, undermining the stated reform objective, the think tank said.Since importers also pay AIDC, Social Welfare Surcharge, and health cesses,...
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india eu free trade agreement: “Mother of all trade deals” with India coming soon: EU’s Ursula von der Leyen at WEF - The Economic Times Video

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[ad_1] India and the European Union are closing in on a long-pending free trade agreement as negotiations enter a decisive phase. Speaking at the World Economic Forum in Davos, EU Commission President Ursula von der Leyen called it the “mother of all deals,” ahead of high-level visits, Republic Day participation and the India-EU Summit. Show more Show less [ad_2] Source link Follow Us: https://facebook.com/gagab2b https://youtube.com/gagab2b https://gagab2b.com https://gagab2b.com/import-export-news/import-export-india-news/india-eu-free-trade-agreement-mother-of-all-trade-deals-with-india-coming-soon-eus-ursula-von-der-leyen-at-wef-the-economic-times-video/?feed_id=4018&_unique_id=69798cd46979c
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