India is preparing to significantly open its tightly protected automobile market by sharply cutting import duties on cars from the European Union, according to sources familiar with the negotiations. Under a proposed India–EU free trade agreement, import tariffs on select European cars could be reduced to 40% from the current…
Tag: #TradeAgreement
India Deepens Trade Ties with Peru and Chile
India has advanced its economic ties with Latin America after successfully concluding two important rounds of negotiations the 9th round of the India–Peru Trade Agreement in Lima and the 3rd round of the India–Chile Comprehensive Economic Partnership Agreement (CEPA) in Santiago. Officials said both engagements made substantive progress on market…
India–New Zealand FTA Talks Make Major Progress in Queenstown
The third round of negotiations for the proposed India–New Zealand Free Trade Agreement (FTA) concluded on 19 September 2025 in Queenstown, marking an important milestone in bilateral trade relations. Officials from both nations described the discussions as constructive, with several chapters finalized and significant progress made in other key areas….
India-EU FTA Talks Progress, Goyal Optimistic
New Delhi: India and the European Union are pushing forward with negotiations to finalise a long-awaited Free Trade Agreement (FTA), which Union Minister of Commerce and Industry Piyush Goyal described as fair, balanced, and full of opportunity. Addressing the 65th Annual Session of the Automotive Component Manufacturers Association (ACMA), Goyal…
