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IndiaEU Trade Deal Nears Finish Ahead of Leaders’ Visit

Officials say 20 of 24 chapters are closed with agriculture excluded, leaving carbon border rules and market access to settle.

Overview

  • Commerce Secretary Rajesh Agrawal said negotiators are “very close” and engaged daily to have the pact ready before the January 27 summit.
  • European Commission President Ursula von der Leyen and European Council President António Costa will visit January 25–27, attend Republic Day, and co-chair the IndiaEU Summit.
  • European media report a possible January 27 signing, while Indian officials indicate an announcement of concluded talks could precede formal signature and ratification.
  • Remaining sticking points include the EU’s carbon border adjustment mechanism, duty cuts and access for automobiles and medical devices, and intellectual property provisions.
  • Agriculture is outside the agreement, with understandings to lower steep Indian tariffs on European wine and spirits reported, and protections for geographical indications not included.