India-EU Trade Deal Seen as Win for New Delhi – Trump’s Aide
India and the European Union have concluded a major free trade agreement, marking a significant expansion of bilateral economic ties after years of negotiations. The agreement aims to reduce or eliminate tariffs across a wide range of goods and services and is expected to substantially boost trade between the two economies.
US Reaction to the Agreement
A senior aide to US President Donald Trump said India has “come out on top” in the deal, indicating that New Delhi stands to gain stronger market access and trade advantages in the European market. The remark highlights growing global attention on India’s trade strategy amid shifting supply chains and geopolitical realignments.
Key Provisions of the Pact
The agreement is expected to ease duties on industrial and manufactured goods, including automobiles, textiles and chemicals, while sensitive sectors will be opened gradually. It also includes provisions related to services, investment protection and regulatory cooperation.
What Comes Next
The trade deal will now undergo approval processes on both sides before it comes into force. Once implemented, it is expected to deepen India-EU economic engagement and strengthen India’s position as a key global trade partner.
