Latest EU markets News & Updates

New Delhi, Jan 23 (IANS) The European Union’s broader suspension of the Generalised Scheme of Preferences (GSP) will impact only 2.66 per cent of India’s exports to the EU, the Commerce Ministry said on Friday.In 2023, EU imports from India amounted to approximately 62.2 billion euros. Of this, only 12.9 billion euros were eligible under the EU’s Standard GSP framework. India has graduated from 12 major product categories. As per the new regulation, 1.66 billion euros of trade is expected to…