Latest India-EU Free Trade Agreement News & Updates

New Delhi, July 15 (IANS) Commerce and Industry Minister Piyush Goyal on Wednesday said he met Maros Sefcovic, EU Trade and Economic Security Commissioner, and reviewed the progress on the implementation of the India-EU Free Trade Agreement (FTA).The two leaders also “explored avenues to deepen cooperation in trade, investment, critical technologies and resilient supply chains,” Goyal posted on X.Goyal and Sefcovic in March this year met on the sidelines of the 14th Ministerial Conference (M…

New Delhi, July 9 (IANS) India, the world’s fastest growing economy, has gained increasing importance among Western countries amid the drastic changes in the global landscape triggered by Donald Trump taking over as US President, China’s increasing alienation and the continuing Ukraine-Russia war, according to a new report.The India-EU free trade agreement (FTA) reflects this change as Europe looks to diversify its markets, fortify its supply chains and find reliable strategic partners. Howe…

Vienna, July 2 (IANS) Indian Ambassador to Austria Shambhu Kumaran read stories from the Panchatantra to school children in Vienna, highlighting the growing cultural connect between the two nations. The Indian Embassy has also published a German-language translation of the Panchatantra for Austrian school children.The video shows the children listening to the stories as the Indian Ambassador shared Panchatantra tales with them. Shambhu Kumaran and the children also took pictures together.In a po…

Nice/New Delhi, June 14 (IANS) Prime Minister Narendra Modi and French President Emmanuel Macron on Sunday agreed to set up a high-level mechanism to double trade between the two countries within five years, and also shared concrete ideas to strengthen and diversify bilateral ties in the fields of economic growth, technology and talent mobility, according to a joint statement issued after the summit between the two leaders at Nice in France.“The two leaders called for early implementation of t…

New Delhi, June 3 (IANS) Prime Minister Narendra Modi on Wednesday congratulated Mette Frederiksen on assuming office for the third consecutive term as Denmark’s Prime Minister, underscoring the robust partnership between both nations that remains rooted in mutual trust and shared values. PM Modi said he looked forward to working closely with Frederiksen to further strengthen the India-Denmark Green Strategic Partnership and elevate bilateral cooperation.“Congratulations to my friend Ms. Met…

Rome, May 20 (IANS) Prime Minister Narendra Modi and his Italian counterpart Giorgia Meloni on Wednesday agreed to leverage the India-EU Free Trade Agreement to expand bilateral trade to 20 billion euros by 2029, according to a joint statement after their talks.The leaders took note of the renewed momentum in bilateral economic and commercial ties, growing investments, and efforts to build long-term collaborations. In this context, they welcomed the exchange of three Business Forums last year. T…

New Delhi, May 18 (IANS) Prime Minister Narendra Modi on Monday said that he was honoured to address the European Round Table for Industry (ERT) in Gothenburg, Sweden. The Prime Minister said his speech focused on the growing convergence between India and Europe, the opportunities emerging from the India-European Union Free Trade Agreement (FTA), and India’s reform-driven economic growth journey.PM Modi took to social media ‘X’ and said, “Honoured to have addressed the European Round Table for…

New Delhi, May 18 (IANS) Prime Minister Narendra Modi has said that India emerged as one of the world’s most attractive destinations for investment, innovation and manufacturing, while inviting European companies to deepen engagement with the country as a trusted and reliable economic partner, according to an official statement issued on Monday.Addressing the European Round Table for Industry (ERT) in Gothenburg, PM Modi highlighted the growing strategic convergence between India and Europe an…

Gothenburg, May 18 (IANS) Prime Minister Narendra Modi addressed the European Round Table for Industry (ERT) in Sweden’s Gothenburg on Sunday and said that the “partnership between India and Europe is not just limited to economic figures only but it is guided by common values, democracy and diversity”. Swedish Prime Minister Ulf Kristersson, President of the European Commission Ursula von der Leyen, senior European industry leaders, and representatives from leading European and Indian companies …

Gothenburg (Sweden), May 18 (IANS) Prime Minister Narendra Modi on Sunday met the European Commission President Ursula von der Leyen and expressed complete agreement with her over the “strong potential of India-Europe ties, especially in the wake of the signing of India-EU Free Trade Agreement (FTA)”. Earlier in the day, Prime Minister Narendra Modi held a meeting with his Swedish counterpart Ulf Kristersson and European Commission President Ursula von der Leyen in Sweden.Addressing the European…