India-EU trade pact to be signed by December; implemented from Feb-Mar next year: Piyush Goyal
India and the European Union are expected to sign a free trade agreement by December, with implementation slated for early 2026. The deal aims to provide duty-free access for 93% of Indian exports to the EU market.
Why it matters
This trade pact represents a significant shift in global economic relations and could boost trade volumes between two major economic blocs.
India and the 27-nation European Union will sign the free trade agreement by December and are likely to implement the pact during February- March next year, Commerce and Industry Minister Piyush Goyal said on Sunday (June 21, 2026).
The article reports on government statements and trade statistics without taking a partisan stance.
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