India and the European Union have finalized a “historic” free trade agreement, significantly reducing import duties on European wines, whiskies, and beers. This pact, concluded after 18 years of negotiations, aims to lower retail prices for premium brands and boost trade between the two economic blocs. The deal also grants India preferential access for its labor-intensive exports.
India-EU FTA: Which liquor brands could get cheaper with the ‘mother of all deals’
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