India and EU Renew Commitment to FTA by 2025

On 2nd May, 2025, India and the European Union reaffirmed their commitment to concluding an ambitious Free Trade Agreement (FTA) by the end of 2025, focusing on deepening trade ties and economic cooperation.

Key Points

Focus Areas: The agreement will address both tariff and non-tariff barriers (NTBs), regulatory frameworks, and digital transformation, aiming to enhance market access and supply chain resilience.
Future Talks: The next round of talks will take place in New Delhi from May 12 to 16, 2025.
Long-term Vision: The FTA aligns with India’s 2047 development goals and strategic vision of becoming a “Vishwa Mitra,” strengthening its global trade framework.
Investment & Mobility: The discussions also highlighted the importance of investment flows and people-to-people mobility in fostering economic growth.