India and EU Close to Finalizing Historic Free Trade Deal Covering Goods, Services & Investments

India and the European Union are on the brink of sealing a historic Free Trade Agreement (FTA), with only a few issues left to resolve. Commerce Minister Piyush Goyal confirmed from Bern that negotiations are “really very near” completion, emphasizing mutual respect and commitment to fast-tracking the deal. Resumed in 2022, the talks span 23 major chapters, including goods, services, investment, digital trade, IPRs, and sustainable development. External Affairs Minister S. Jaishankar supports concluding an “ambitious and balanced” deal by the end of 2025. EU foreign policy chief Kaja Kallas called India and the EU “natural partners” representing 25% of global GDP and population. In 2023–24, India-EU goods trade hit $137.4 billion, with services trade at $51.45 billion. The FTA is set to redefine global trade alignments, opening massive opportunities for collaboration, innovation, and strategic economic growth.#indiaeufta #piyushgoyal #indiaeu #tradenews #fta2025 #eupartnership #strategicdialogue #euindiarelations #globaltrade #jaishankar #toi #toibharat #bharat #breakingnews #indianews