India–EU FTA concluded
What happened
- India and the EU concluded their Free Trade Agreement on 27 January 2026. The two are the 4th and 2nd largest economies, together about 25% of world GDP and a third of world trade [PIB].
- The FTA opens access to a USD 572.3 billion EU pharma and medical devices market [PIB, DoP].
Background
- Talks started in 2007, stalled in 2013, and restarted in 2022.
Why it matters
- Textiles, leather and pharma gain. CBAM and standards remain sticking points.
How to use this in Mains
- As per PIB (2026-01-27): india and the EU concluded their Free Trade Agreement on 27 January 2026. The two are the 4th and 2nd largest economies, together about 25% of world GDP and a third of world trade.
- Textiles, leather and pharma gain. CBAM and standards remain sticking points.
Quotable data pointThe FTA opens access to a USD 572.3 billion EU pharma and medical devices market.
PIB: Commerce: India–EU FTA concluded, 27 Jan 2026
Exam angle
UPSC
Mains: India–EU trade. · Prelims: FTA basics.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
Concluded on
Answer (b) & explanation
PIB.
Practice · UPSC
Share of global GDP
Answer (b) & explanation
PIB.
Practice · UPSC
Talks first launched
Answer (b) & explanation
PIB.
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Official source: PIB: Commerce: India–EU FTA concluded, 27 Jan 2026
facts from cited sources only; faculty review pending