When will the Free Trade Agreement (FTA) between India and the European Union (EU) become effective?

English বাংলা

Answer

January 2027

Explanation

The Free Trade Agreement (FTA) between India and the European Union is expected to become effective from January 2027.

Key Points

  • > The goal is to take bilateral trade to $200 billion
  • > It will lead to a reduction in Indian export duties
  • > Current India-EU trade is $136 billion

Additional Information

  • The headquarters of the European Union is in Brussels, Belgium.
  • There are currently 27 member countries in the EU.
  • The headquarters of the European Central Bank is in Frankfurt.
OrganizationHeadquartersMember States
European UnionBrussels27
Daily Current Affairs 9 May 2026 Current affairs Medium