Archive · 13 Dec 2025
India-EU FTA to Boost Trade and Predictability
India and the European Union are talking about making a big trade deal called a Free Trade Agreement (FTA).
This deal is expected to make trade between them more stable and predictable, especially in a world where trade is uncertain.
The Swedish Ambassador to India, Jan Thesleff, thinks this deal will be a game-changer.
It will help small and medium-sized businesses (SMEs) a lot, as they will find it easier to do business in each other's countries.
Sweden wants to double its companies, trade, investments, student exchanges, and scientific projects in India over the next five years.
The two sides are working hard to finish the deal early next year.
Right now, India and Sweden trade about $7 billion worth of goods, and Sweden has invested about $2.5 billion in India.
India-EU FTA aims to bring predictability and stability to trade in a turbulent global situation.
Sweden hopes to double its companies, trade, investments, student exchanges, and scientific projects in India over the next five years.
Small and Medium Enterprises (SMEs) are expected to be the biggest beneficiaries of the FTA.
India and the EU are targeting to conclude the FTA negotiations early in 2025.
India-Sweden trade has increased from $2.8 billion in 2016 to nearly $7 billion in 2024, with Swedish FDI in India at approximately $2.5 billion.
- Who
- India and the European Union (EU)
- What
- Negotiations for a free trade agreement (FTA)
- When
- Ongoing, with a target to conclude in early 2025
- Where
- India and EU member countries
- Why
- To bring predictability and stability to trade in a turbulent global situation, and to boost economic cooperation
- Countries Involved
- India and European Union (EU)
- Expected Benefits
- Predictability in trade, boost to SMEs
- Sweden's Goals
- Double companies, trade, investments, student exchange, and scientific cooperation in India over 5 years
- Current India-Sweden Trade
- $7 billion (2024)
- Swedish FDI in India
- $2.5 billion
- FTA Negotiation Status
- Ongoing, aiming for early 2025 conclusion
- Key Beneficiaries
- Small and Medium Enterprises (SMEs)
