India, EU to hold next round of FTA negotiations in Sept, says govt source
This story was originally published at 16:38 IST on 15 July 2025
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--Govt source: Exchanged offers on market access for svcs, non-svcs with EU
--Govt source: Next round of FTA talks with EU in Sept 1st wk
--Govt source: Close to finalising some chapters of FTA with EU
--Govt source: Finished last round of FTA talks with EU last week
NEW DELHI – India and the European Union would hold next round negotiations for the proposed free trade agreement in September, a commerce ministry official said Tuesday. The two sides completed the last round of discussions for the trade deal just last week, the official added.
India and the EU are very close to finalising some chapter of the trade agreement, the official said. During the last round of negotiations, the trading partners exchanged offers on market access in sdervices and non-services sector, the official said.
India is looking to expedite the conclusion of negotiations with the EU by signing the trade deal in tranches. The two sides had resumed discussions in 2023 after a gap of nine years. The trade talks, initially started in 2007, were later suspended due to differences over market access.
The EU is among the top export destinations for Indian goods, with a share of over 15% in India's total outbound shipment. India had exported goods worth $75.76 billion to the EU in 2024-25 (Apr-Mar), and had a trade surplus of $15.10 billion. End
US$1 = INR 85.81
Reported by Krity Ambey
Edited by Akul Nishant Akhoury
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