India Eu FTA: Mother Of All Deals
The 16th India EU Summit will be held on 27 January 2026 in New Delhi. There is an expectation of a Free Trade Agreement (FTA) between both sides. FTA between India and the European Union has gained importance in the present global climate. United States trade policies are marked by uncertainty and shifts. Countries across the globe are looking for reliable economic partners. At the same time, global trade is moving away from multilateral platforms toward bilateral agreements. A bilateral deals offer faster decisions and clearer benefits. In this context, the India–EU FTA promises stable market access, stronger supply chains, and long-term economic confidence for both sides.
What Does EU Stand For
AI GENERATED
Formerly known as European Community (EC) or European Economic Community (EEC,1958, initially increasing economic cooperation between six countries: Belgium, Germany, France, Italy, Luxembourg and the Netherlands); The European Union (EU) is a union of twenty-eight independent states and founded to enhance political, economic and social co-operation. Founded on 1st November, 1993, the euro currency was introduced in 1999.
The European Parliament is the EU’s law-making body. It is directly elected by EU voters every 5 years, with legislative, supervisory, and budgetary responsibilities.
The European Commission is the EU’s politically independent executive arm. It is alone responsible for drawing up proposals for new European legislation, and it implements the decisions of the European Parliament . Speaks on behalf of all EU countries in international bodies, in particular in areas of trade policy and humanitarian aid.
The European Council brings together EU leaders to set the EU’s political agenda. It represents the highest level of political cooperation between EU countries.
INDO-EU RELATIONS
Relations between India and the European Union began in the early 1960s. At first, cooperation focused mainly on trade and economic matters. Later, a cooperation agreement signed in 1994 expanded the relationship into new areas beyond trade.
Next, the first India–EU Summit held in Lisbon on 28 June 2000. This summit became a major turning point, as it gave the partnership a structured and high-level political direction.
Subsequently, at the 5th India–EU Summit in The Hague in 2004, both sides upgraded their ties to a Strategic Partnership. This step strengthened long-term cooperation and mutual trust.
Thereafter, in 2005, India and the EU adopted a Joint Action Plan. This plan focused on deeper political dialogue, stronger economic cooperation, increased trade and investment, and closer people-to-people and cultural links. The plan reviewed again in 2008 to improve its effectiveness.
Meanwhile, since 2007, India and the EU have been negotiating a Broad-based Trade and Investment Agreement (BTIA). Once completed, this agreement expected to significantly strengthen trade and commercial relations between the two sides.
India and the European Union (EU) have been holding regular summits since 2000. These meetings bring India’s leaders and top EU officials together to discuss cooperation in trade, investment, climate, security and more. There have been about 15 summits so far up to 2025, and the 16th Summit was held on 27 January 2026 in New Delhi.
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