More Stories

Informist, Friday, Jan. 16, 2026

 

--Minister Goyal: India-EU FTA to be "mother of all trade deals" 
--Govt source: Aim to conclude EU FTA by Jan 27 
--Govt source: To ensure protection of India's interests in FTA with EU 

 

NEW DELHI – India's free trade agreement with the European Union is likely to be the "mother of all trade deals" signed by India, Commerce Minister Piyush Goyal said Friday. All 27 EU states have expressed strong optimism towards the trade deal, Goyal added.

 

The two sides aim to conclude the negotiations for the agreement by Jan. 27, or at least before Prime Minister Narendra Modi's meeting with European Commission President Ursula von der Leyen, another official from the commerce ministry said. The EU leader is India's chief guest for Republic Day celebrations.

 

New Delhi will ensure protection of India's interests under the trade deal with the EU, the official said on condition of anonymity. Be it protection of the farm sector or the iron and steel sector from the EU's Carbon Border Adjustment Mechanism, all interests will be safeguarded, the official added. 

 

India and the EU have made strong progress in negotiations and have closed 20 out of 24 chapters under the trade pact, but the two sides are yet to iron out differences over the EU's carbon tax. Brussels fully implemented its Carbon Border Adjustment Mechanism on Jan. 1, which entails duty collection based on reported carbon content in the shipments entering the EU.  End

 

Reported by Krity Ambey

Edited by Vandana Hingorani

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.