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India Moves to Turn G7 Trade Momentum Into Signed Deals

The push seeks to convert diplomatic momentum into signed agreements to diversify trade routes.

Overview

  • Leaders said they will sign the concluded IndiaEU Free Trade Agreement before the end of 2026, with officials instructed to fast‑track legal and technical steps needed for signing.
  • After their June 17 meeting in Evian, Prime Minister Narendra Modi and President Donald Trump directed negotiators to finalise an interim IndiaUS trade framework and the US Trade Representative Jamieson Greer is due to visit India next week to advance talks.
  • The India‑UK Comprehensive Economic and Trade Agreement is set to enter into force on July 15, establishing a firm near‑term timetable for bilateral tariff and market‑access changes.
  • Maritime security and the safety of Indian seafarers were elevated in meetings following recent Gulf incidents, with Modi pressing partners to prioritize protections for crews and keep shipping routes open.
  • Officials also agreed to speed work on an IndiaEU investment pact and the IMEC connectivity project to diversify supply chains and logistics, moves aimed at boosting trade flows and reducing reliance on single routes or suppliers.