Archive · 2 Sep 2025
India Aims to Finalize Trade Agreements with US and EU
India is actively working on expanding its trade relationships with multiple partners.
They are aiming to finalize a trade agreement with the United States, potentially by November.
Negotiations with the European Union are also at an advanced stage, with the goal of concluding a free trade agreement by the end of 2025.
Discussions are also beginning for a trade agreement with the Eurasian Economic Union.
These efforts are designed to boost trade and strengthen India's economy, building on existing agreements with other nations.
India is in discussions with the US for a bilateral trade agreement, aiming for conclusion around November.
India and the EU are in advanced stages of FTA negotiations.
The EU-India FTA negotiations are expected to conclude by the end of 2025.
Terms of Reference are finalized for an FTA with the Eurasian Economic Union (EAEU).
India's trade with the EU reached USD 137.41 billion in goods and USD 51.45 billion in services in 2023-24.
- Who
- India, US, EU
- What
- Negotiations for free trade agreements
- When
- Ongoing; US target November; EU target end of 2025
- Where
- Brussels, India, US
- Why
- To strengthen economic ties and expand trade
- US Trade Agreement Goal
- Conclude by November or so
- EU FTA Status
- Advanced stage; talks ongoing in Brussels
- EU FTA Timeline
- Expected to conclude by end of 2025
- EAEU FTA
- Terms of Reference finalized, negotiations starting
- India-EU Trade (2023-24)
- USD 137.41 billion in goods, USD 51.45 billion in services
Sources
India plans to build 1 million homes in Australia using trained Indian workers
India, UAE set $100 bn non-oil trade goal by 2030
India-European Union Trade Deal At "Advanced Stage", Pact With US In Talks: Piyush Goyal
India expanding trade ties through FTAs, in dialogue with United States: Piyush Goyal
'India In Dialogue With US For Bilateral Trade Agreement': Piyush Goyal Amid Trump Penal Tariffs
