By Admin 
A historic trade agreement has been signed between India and EU. European Commission Vice President Kaja Kallas has given a statement on this. She has said that when I travel around the world, I see that more and more countries want to partner with Europe. The reason for this is our trustworthiness.
He said that it takes a lot of time for us to negotiate the deal. When we do, we stick to them. We implement them. This has become a very valuable thing. We really keep our promises. We abide by our agreement. This is very important.
We are working together in many areas: Kaja Kallas
Kaja Kallas said that we are working together in many areas. In these, areas related to security, defence, foreign policy, maritime and cyber security have been identified. We are starting talks regarding this. Regarding both the countries, he has said that there is genuine interest in building trade relations between the two countries. But the geopolitical picture is completely different from these issues. India is not a small country. There is scope for cooperation in Europe. There are also relations between the European Union and India regarding foreign policy.
Who benefits from the FTA agreement between India and EU?
Actually, FTA agreement has been signed in the 16th India-EU Summit. During this, Prime Minister Narendra Modi, EU Commission President Ursula von der Leyen and EU Council President Antonio Costa were present. European leaders participated as chief guests in the Republic Day Parade. FTA will reduce or eliminate 97% of tariffs on goods coming from EU to India. Up to 99% tariff exemption will be available on goods going from India to EU. There will be big relief on cars, wine, chocolate, pasta, medicines and car parts etc. Trade will increase on both sides, jobs will come and economies will strengthen.