Substantial differences remain between India & EU on negotiations for the Free Trade Agreement. It remains unclear whether agriculture or which parts of this sector will be included in the FTA.
The European Union is India’s single-largest trading partner when exports and imports with all 27 member-states are calculated. The deal has been almost two decades in the making.
India and Russia, as a part of Eurasian Economic Union (EAEU), are set to hold the 2nd round of negotiations on a trade deal next month after the Union Budget.
It’s India’s 3rd FTA with a Five-Eyes alliance member in the last 4 years. It is also the 3rd trade deal announced by New Delhi this year, after agreements with the UK & Oman.
Deal expected to be operational within 3 months and allow Indian importers to ‘replace’ imports from Turkey and source ‘better-priced’ blocks from Oman, Minister Piyush Goyal said.
Apart from FTA, a number of key agreements are expected in sectors such as trade, investment, energy, defence, technology, agriculture, culture & people-to-people ties.
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The Economic Survey 2025-26 is not a celebration of success, but a measured warning that the traditional paradigms of global economic growth are no longer applicable.
The IT services sector contributed more than half of India’s Gross Value Added, serving as a major driver of exports and employment, the Economic Survey 2025-26 has found.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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