India, EU seal ‘mother of all FTAs’: 96% trade to go tariff-free; small cars and dairy stay protected

India and the European Union finalized a comprehensive Free Trade Agreement, set to eliminate tariffs on 96% of exports over time. This deal grants zero-duty access for Indian textiles, marine products, and leather goods to the EU, while strategically phasing market opening for European cars and wine.

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India, EU seal ‘mother of all FTAs’: 96% trade to go tariff-free; small cars and dairy stay protected

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