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		<title>Pakistan&#8217;s reaction regarding FTA between India and EU, know what the experts there said?</title>
		<link>https://fastnewsglobe.com/pakistans-reaction-regarding-fta-between-india-and-eu-know-what-the-experts-there-said/</link>
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		<pubDate>Fri, 30 Jan 2026 10:28:47 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[India eu fta]]></category>
		<category><![CDATA[india eu trade deal]]></category>
		<category><![CDATA[Pakistan]]></category>
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					<description><![CDATA[<p>India-EU Trade Deal: The Free Trade Agreement (FTA) between India and the European Union (EU)...</p>
<p>The post <a href="https://fastnewsglobe.com/pakistans-reaction-regarding-fta-between-india-and-eu-know-what-the-experts-there-said/">Pakistan&#8217;s reaction regarding FTA between India and EU, know what the experts there said?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;"><strong>India-EU Trade Deal: </strong>The Free Trade Agreement (FTA) between India and the European Union (EU) has increased Pakistan&#8217;s tension. Pakistan fears that due to the FTA signed with India, its exports to EU may reduce.</p>
<p style="text-align: justify;">Anyway, Pakistan&#8217;s exporters and analysts have already warned that this deal can weaken Pakistan&#8217;s position in the second largest export market because Indian products will get tariff-free access to European markets on a large scale. Due to this, the prices of Indian products will reduce, demand will increase and Pakistan&#8217;s profits will be affected. At present, Pakistan is busy reviewing the impact of the newly signed free trade agreement between India and the European Union. </p>
<h3 style="text-align: justify;">Why is Pakistan worried? </h3>
<p style="text-align: justify;">According to PTI report, in the weekly press briefing, Pakistan Foreign Ministry spokesperson Tahir Andrabi said that Islamabad is aware of this agreement and is committed to its trade relations with the EU. He said, “Relations between Pakistan and the EU have been friendly and mutually beneficial for a long time. EU&#8217;s Generalized Scheme of Preferences Plus (GSP+) has proved to be a win-win model for Pakistan.</p>
<p style="text-align: justify;">Let us tell you that under this GSP+, about 78 percent of Pakistan&#8217;s products get duty free access in 27 countries of the European Union. Pakistan is getting the benefit of EU&#8217;s GSP+ status since January 2014. Due to this, Pakistan&#8217;s textile exports to European markets have increased significantly. Pakistan fears that the immediate duty-free access to India from the FTA may reduce the tariff gap for Pakistani exports under GSP+, especially in the textile and clothing sector.</p>
<h3>What are the experts saying? </h3>
<p style="text-align: justify;">All Pakistan Textile Mills Association (APTMA) Chairman Kamran Arshad told Pakistani newspaper Dawn that the 27 member countries of EU buy about $ 8.8 billion or 27.2 percent of Pakistan&#8217;s total exports and about $ 7 billion or 39 percent of its textile shipments every year. Now that India has achieved duty-free access on 100 percent textile and clothing tariff lines, it may increase competition for Pakistan in European markets. Shankar Talreja, Research Head, Topline Securities, says, &#8220;With the implementation of FTA, there is a danger of Pakistan losing the benefits it is getting. This may increase costs for domestic industries in the future. </p>
<p style="text-align: justify;">
<p style="text-align: justify;"><strong>Also read:</strong></p>
<p class="abp-article-title" style="text-align: justify;"><strong>Is the sword hanging over our jobs too? This warning received by India will give you sleepless nights. </strong></p>
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<p><a href="https://www.abplive.com/business/pakistan-reaction-to-the-fta-between-india-and-the-eu-3081927" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/pakistans-reaction-regarding-fta-between-india-and-eu-know-what-the-experts-there-said/">Pakistan&#8217;s reaction regarding FTA between India and EU, know what the experts there said?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Now middle class will also be able to buy BMW and Mercedes! Cars will become cheaper due to India-EU Trade Deal</title>
		<link>https://fastnewsglobe.com/now-middle-class-will-also-be-able-to-buy-bmw-and-mercedes-cars-will-become-cheaper-due-to-india-eu-trade-deal/</link>
					<comments>https://fastnewsglobe.com/now-middle-class-will-also-be-able-to-buy-bmw-and-mercedes-cars-will-become-cheaper-due-to-india-eu-trade-deal/#respond</comments>
		
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		<pubDate>Thu, 29 Jan 2026 13:15:47 +0000</pubDate>
				<category><![CDATA[Lastest News]]></category>
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		<category><![CDATA[Cars will become cheaper due to India-EU Trade Deal]]></category>
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		<category><![CDATA[luxury car import duty]]></category>
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					<description><![CDATA[<p>The big trade agreement between India and the European Union, which was awaited for 18...</p>
<p>The post <a href="https://fastnewsglobe.com/now-middle-class-will-also-be-able-to-buy-bmw-and-mercedes-cars-will-become-cheaper-due-to-india-eu-trade-deal/">Now middle class will also be able to buy BMW and Mercedes! Cars will become cheaper due to India-EU Trade Deal</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;">The big trade agreement between India and the European Union, which was awaited for 18 years, has now been completed. In the 16th India-EU Summit, both the sides have announced Free Trade Agreement i.e. FTA. According to reports, this agreement may come into effect from the year 2027. The biggest benefit of this deal is going to be given to those Indian customers who dream of buying luxury cars like BMW, Mercedes and Audi. Till now, due to heavy import duty, these cars were out of reach of common people, but this deal can change the situation.</p>
<h3 style="text-align: justify;">Import duty will be reduced from 110% to 10%</h3>
<ul style="text-align: justify;">
<li>Under the India-EU Trade Deal, there has been a major reduction in the import duty on cars coming to India from Europe. Currently, fully imported luxury cars are taxed at 70% to 110%, which doubles or even more than doubles their price. After the new agreement, this duty may reduce to only 10%. This simply means that the price of cars like BMW and Mercedes can be reduced by 50 to 70 percent. For example, if the import value of a car is Rs 20 lakh, then earlier its price after tax would reach Rs 45–50 lakh, but now the same car can be bought for around Rs 22–25 lakh.</li>
</ul>
<h3 style="text-align: justify;">Which car brands will benefit the most?</h3>
<ul style="text-align: justify;">
<li>European brands like BMW, Mercedes-Benz, Audi, Volkswagen and Porsche will get the most benefit from this deal. Cars like BMW 3 Series, Mercedes C-Class, Audi A4 and Volkswagen Tiguan can now become accessible to more people. This can completely change the Indian luxury car market.</li>
</ul>
<h3 style="text-align: justify;">What will be the impact on EV and auto industry?</h3>
<ul>
<li style="text-align: justify;">This duty cut on electric vehicles may be limited in the initial years, so that Indian companies like Tata and Mahindra do not suffer losses. Going forward, entry of European EV brands may also become easier. India-EU Trade Deal can come as a big relief for middle class customers. If the duty is really reduced by 10%, then buying a luxury car will no longer be just a dream.</li>
</ul>
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<p><strong>Also read: From Dubai to Italy, the police of these countries have supercars worth crores, see the complete list.</strong></p>
</p></div>
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<p><a href="https://www.abplive.com/auto/the-india-eu-trade-deal-will-make-luxury-cars-like-bmw-and-mercedes-cheaper-check-details-3081169" target="_blank" rel="noopener">Source link </a></p>
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		<title>Farmers of the country are more important than the deal, apart from dairy, which other sectors did India keep out of the FTA with EU?</title>
		<link>https://fastnewsglobe.com/farmers-of-the-country-are-more-important-than-the-deal-apart-from-dairy-which-other-sectors-did-india-keep-out-of-the-fta-with-eu/</link>
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		<pubDate>Thu, 29 Jan 2026 09:38:52 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[India eu fta]]></category>
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		<guid isPermaLink="false">https://fastnewsglobe.com/farmers-of-the-country-are-more-important-than-the-deal-apart-from-dairy-which-other-sectors-did-india-keep-out-of-the-fta-with-eu/</guid>

					<description><![CDATA[<p>India-EU FTA: After 18 years of long negotiations between India and the European Union (EU),...</p>
<p>The post <a href="https://fastnewsglobe.com/farmers-of-the-country-are-more-important-than-the-deal-apart-from-dairy-which-other-sectors-did-india-keep-out-of-the-fta-with-eu/">Farmers of the country are more important than the deal, apart from dairy, which other sectors did India keep out of the FTA with EU?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;"><strong>India-EU FTA: </strong>After 18 years of long negotiations between India and the European Union (EU), the free trade deal was finally finalized on Tuesday. However, under this deal, India has not reduced tariffs on many products like dairy, rice, wheat, pulses, tea, genetically modified (GM) products and coffee. The Commerce Ministry gave this information on Wednesday. The ministry said that in the trade deal with the EU, many products like beef and poultry, fish and marine products, cheese, maize, fruits and vegetables, dry fruits, edible oils and tobacco have also been kept out of the scope of tariffs.  </p>
<h3 style="text-align: justify;">Why did India take this decision?</h3>
<p style="text-align: justify;">According to the ministry, these areas are directly related to the livelihood of small and marginal farmers, hence it is necessary to provide them security. An official said that till now India has kept its dairy sector out of the scope of exemption under tariff in any free trade agreement with any country and this will be protected in the future also. “We will continue to protect this sector,” the official said.</p>
<p style="text-align: justify;">India and the European Union (EU) completed negotiations on FTA on Tuesday and it is likely to be signed and implemented this year. The Commerce Ministry said that the EU, a group of 27 European countries, has also kept some sensitive areas out of the scope of this agreement. It has kept products like meat and meat products, dairy products, honey, rice, sugar and tobacco under protection. Under the agreement, many Indian agricultural products will get duty concessions in the EU market, which is expected to boost India&#8217;s exports.</p>
<p style="text-align: justify;"> India will get preferential market access in about 87 percent duty categories of agricultural products like tea, coffee, spices and table grapes. Additionally, the EU will reduce the duty range on some marine products from the current zero to 26 percent, which is likely to increase exports of marine products.  According to the ministry, the EU&#8217;s marine product import market is worth about Rs 4.67 lakh crore ($53.6 billion).</p>
<p style="text-align: justify;">
<p style="text-align: justify;">
<p style="text-align: justify;"><strong>Also read:</strong></p>
<p class="abp-article-title"><strong>Will Turkey also benefit from the FTA between India and EU? Supported Pakistan in &#8216;Operation Sindoor&#8217;</strong></p>
<p> <!-- input--> </div>
<p><a href="https://www.abplive.com/business/india-did-not-grant-tariff-concessions-to-the-european-union-on-dairy-rice-wheat-pulses-and-gm-products-3081418" target="_blank" rel="noopener">Source link </a></p>
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		<title>America, which is threatening with tariffs, is beating its chest on India-EU deal, Scott Besant said &#8211; &#8216;To tell you the truth&#8230;&#8217;</title>
		<link>https://fastnewsglobe.com/america-which-is-threatening-with-tariffs-is-beating-its-chest-on-india-eu-deal-scott-besant-said-to-tell-you-the-truth/</link>
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		<pubDate>Thu, 29 Jan 2026 04:51:04 +0000</pubDate>
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		<guid isPermaLink="false">https://fastnewsglobe.com/america-which-is-threatening-with-tariffs-is-beating-its-chest-on-india-eu-deal-scott-besant-said-to-tell-you-the-truth/</guid>

					<description><![CDATA[<p>US Treasury Secretary Scott Besant on Wednesday made a strong attack on Europe regarding the...</p>
<p>The post <a href="https://fastnewsglobe.com/america-which-is-threatening-with-tariffs-is-beating-its-chest-on-india-eu-deal-scott-besant-said-to-tell-you-the-truth/">America, which is threatening with tariffs, is beating its chest on India-EU deal, Scott Besant said &#8211; &#8216;To tell you the truth&#8230;&#8217;</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;">US Treasury Secretary Scott Besant on Wednesday made a strong attack on Europe regarding the recent trade agreement between India and the European Union (EU). He said that this deal has made it clear that the European Union has given priority to its business interests over supporting Ukraine.</p>
<p style="text-align: justify;">Speaking to CNBC, Scott Besant said that this agreement was reached between India and EU on Tuesday after several years of negotiations, due to which he is very disappointed. European Commission President Ursula von der Leyen has called this agreement the mother of all deals. On this Besant said, &#8216;They should do whatever they feel is right for them. But to be honest, I found this attitude of Europe very disappointing.</p>
<p style="text-align: justify;"><strong>EU distances itself from US tariffs on India</strong></p>
<p style="text-align: justify;">Besant alleged that European countries were buying such refined products from India, which were made from Russian oil, while they were not ready to support America&#8217;s strict trade policy on India. He said the US had imposed an additional 25 per cent tariff on Indian goods last year, but the EU did not support the move as it wanted to maintain its own trade agreement with India. Besant said, &#8216;Europe was not ready to join us and now it is clear that the reason for this was this trade deal.&#8217;</p>
<p style="text-align: justify;">Scott Besant said that this policy of Europe weakens its statements regarding Ukraine. &#8220;Every time you hear a European leader speak about the importance of the Ukrainian people, remember that he put business above Ukraine,&#8221; he said.</p>
<p style="text-align: justify;"><strong>What is the purpose of &#8216;Mother of All Deals&#8217;</strong></p>
<p style="text-align: justify;">The objective of the India-EU trade agreement is said to be to increase trade between the two sides and to reduce Europe&#8217;s dependence on America. According to Brussels, under this deal, tariffs on about 97 percent of traded goods will be eliminated or reduced. With this, EU exports to India can double by 2032 and European companies will save about 4 billion euros in duty.</p>
<p style="text-align: justify;"><strong>Tension in US-Europe trade relations</strong></p>
<p style="text-align: justify;">These statements of Besant have come at a time when trade relations between America and Europe remain tense during the second term of President Donald Trump. US officials are angry that the EU has not yet implemented promises to cut tariffs under the framework agreement it signed with Washington in July.</p>
<p style="text-align: justify;"><strong>US tariff pressure on other countries too</strong></p>
<p style="text-align: justify;">This tension increased further when America increased tariffs on other trading partners including South Korea. America says that these countries have shown slowness in implementing bilateral trade agreements. Describing tariffs as a way to create pressure, Besant said that such steps are helpful in taking the work forward.</p>
<p style="text-align: justify;"><strong>Europe also targeted regarding energy trade</strong></p>
<p style="text-align: justify;">Speaking to ABC News on Sunday, Besant said that European countries are weakening their own security policies through energy trade. He said, &#8216;We have imposed 25 percent tariff on India for buying Russian oil. But what happened last week? Europe signed a trade deal with India.</p>
<p style="text-align: justify;"><strong>Tariff on India up to 50%, signs of relief also</strong></p>
<p style="text-align: justify;">The Trump administration has imposed tariffs of up to 50 percent on Indian goods, of which 25 percent is directly related to India&#8217;s purchase of Russian oil. These tariffs were further increased in August, increasing tensions in US-India trade relations. Besant has recently indicated that there may be relief in tariffs in future. Speaking to Politico during the World Economic Forum, he said that there has been a sharp decline in the purchase of Russian crude oil by Indian refineries. He said, “25 percent tariffs are still in place, but I think there can be a way to remove them.”</p>
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<p><a href="https://www.abplive.com/news/world/us-treasury-scott-bessent-criticizes-india-eu-trade-deal-ukraine-tariffs-russian-oil-trade-tensions-3081234" target="_blank" rel="noopener">Source link </a></p>
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		<title>America, which called India the king of tariffs, changed its tone, after the deal with EU said &#8211; India is on top&#8230;</title>
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		<pubDate>Wed, 28 Jan 2026 11:59:09 +0000</pubDate>
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					<description><![CDATA[<p>America&#8217;s reaction has come to light on the historic Free Trade Agreement (FTA) between India...</p>
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<p style="text-align: justify;">America&#8217;s reaction has come to light on the historic Free Trade Agreement (FTA) between India and the European Union (EU). Since no final decision has been taken yet regarding the trade deal between India and America, the statement of the Trump administration is being considered important in many ways. American trade official and close to Trump, Jamieson Greer, said that India is going to be the biggest beneficiary of the deal with the EU.</p>
<p style="text-align: justify;"><strong>India on top in deal with EU: Jamieson Greer</strong></p>
<p style="text-align: justify;">US Trade Representative Jamieson Greer said, &#8216;I have seen few details of this deal so far. To be honest, India seems to be benefiting from this. India is getting more access to the European market. Overall, India will remain on top. It is also possible that some immigration rights may also be given in this deal, so that Indian professionals and workers get more opportunities to work in European countries. He also said that due to the changing trade policy of America, a free trade deal has been signed between India and EU.</p>
<p style="text-align: justify;"><strong>&#8216;Because of America, Europeans are looking for another market&#8217;</strong></p>
<p style="text-align: justify;">In an interview given to American news channel Fox Business, he said, &#8216;It is important to understand that when America is limiting its market, then trade-dependent blocks like the European Union have to find other options. This is the reason why the European Union is turning towards a big market like India.</p>
<p style="text-align: justify;">Greer criticized the EU, saying that while the US is trying to fix some of the problems of globalization, NATO is pushing for more globalization. He said, &#8216;It is important to understand that President Trump, giving priority to domestic production, started imposing tariffs on goods coming to our market from other countries. This is why these countries are looking for other markets for their goods. The European Union is so dependent on trade that it needs other markets, so it cannot send all its goods to America.</p>
<p style="text-align: justify;"><strong>&#8216;Europe did not put pressure on India regarding Russian oil&#8217;</strong></p>
<p style="text-align: justify;">The timing of Jamieson Greer&#8217;s statement is very important because a few days ago, US Finance Minister Scott Besant had targeted the European Union for not putting pressure on India regarding Russian oil. He said, it was because of American tariffs that India reduced the purchase of Russian oil because the European country refused to do so. They (EU) wanted to make a big trade deal with India.</p>
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<p><a href="https://www.abplive.com/news/world/india-eu-free-trade-agreement-us-donald-trump-close-jamieson-gree-first-reaction-india-on-top-3081000" target="_blank" rel="noopener">Source link </a></p>
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		<title>24 hours completed for India-EU deal, but Trump is still silent, what is the meaning of the US President&#8217;s &#8216;silence&#8217;?</title>
		<link>https://fastnewsglobe.com/24-hours-completed-for-india-eu-deal-but-trump-is-still-silent-what-is-the-meaning-of-the-us-presidents-silence/</link>
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		<pubDate>Wed, 28 Jan 2026 11:23:42 +0000</pubDate>
				<category><![CDATA[World News]]></category>
		<category><![CDATA[Donald Trump]]></category>
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					<description><![CDATA[<p>US President Donald Trump has a habit of giving his opinion on every small thing....</p>
<p>The post <a href="https://fastnewsglobe.com/24-hours-completed-for-india-eu-deal-but-trump-is-still-silent-what-is-the-meaning-of-the-us-presidents-silence/">24 hours completed for India-EU deal, but Trump is still silent, what is the meaning of the US President&#8217;s &#8216;silence&#8217;?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">US President Donald Trump has a habit of giving his opinion on every small thing. Be it a celebrity, an old complaint or a small event, Trump immediately posts the truth on social media or attacks in the old tweet style. But Trump&#8217;s silence on the historic Free Trade Agreement (FTA) deal between India and the European Union (EU) is surprising everyone. This deal was completed on January 27, which is being called the &#8216;Mother of All Deals&#8217;, but even after more than 24 hours, Trump did not say a word.</p>
<p style="text-align: justify;"><strong>But why the silence on India-EU deal?</strong></p>
<p style="text-align: justify;">This deal is considered to be the answer to Trump&#8217;s tariff policy. Trump had threatened the EU on the Greenland issue and imposed 50% tariff on India for purchasing Russian oil. But now, when India and EU have added a market of 2 billion people, Trump is silent. A news agency wrote, &#8216;Trump&#8217;s silence is notable.&#8217; His officials said &#8216;India came on top&#8217;, but Trump himself did not say anything.</p>
<p style="text-align: justify;"><strong>Trump will take some big steps later</strong></p>
<p style="text-align: justify;">Experts say that this silence may be intentional. Perhaps Trump will take some big steps later. But considering his habits, this is surprising. Trump feels that this deal is challenging his policies or he is feeling &#8216;chilled&#8217; that the world is moving forward without him.</p>
<p style="text-align: justify;">Trump knows that social media is his strength. He often posts on Truth Social, where he gives his opinion or attacks on small things.</p>
<ul>
<li style="text-align: justify;"><strong>Attack on Taylor Swift:</strong> In May 2025, Trump took a jibe at pop star Taylor Swift on Truth Social and wrote that Swift&#8217;s behavior was &#8216;immature&#8217; and described it as childlike. This post came without any major reason, just out of old resentment of Trump. Experts called it childish behavior, but Trump reacted immediately.</li>
<li style="text-align: justify;"><strong>Petty Revenge and Midnight Rants:</strong> In January 2025, Trump attacked General Mark Milley and Chef José Andrés on Truth Social at midnight. This was based on old complaints. In May 2025, his posts were so vitriolic that Harvard lawyers used them in a court case.</li>
<li style="text-align: justify;"><strong>Long list of insults:</strong> Trump has insulted more than 598 people, places and things on X. Like attacking Nordstrom for his daughter&#8217;s clothing line (in 2017), or more recently calling his own supporters &#8216;weaklings&#8217; on the Epstein case. In July 2025, he posted on old complaints, such as threatening to snatch someone&#8217;s citizenship.</li>
</ul>
<p style="text-align: justify;"><strong>When will Trump speak on India-EU deal?</strong></p>
<p style="text-align: justify;">Now Trump&#8217;s silence on the India-EU deal has become a topic of discussion across the world. If he speaks in the coming days, it will have to be seen what he says. Right now, his silence is the biggest statement. However, on this deal, American Trade Officer Jamieson Greer has said that India is going to get the biggest benefit of this agreement. According to him, this deal is tilted in favor of India in many ways. Greer said, &#8216;I have seen few details of the deal so far. To be honest, India seems to be benefiting from this. India is getting more access to the European market.</p>
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<p><a href="https://www.abplive.com/news/world/india-eu-fta-24-hours-trump-remains-silent-what-does-us-president-silence-mean-pm-modi-3080986" target="_blank" rel="noopener">Source link </a></p>
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		<title>India-EU FTA: These two sectors will get a blow due to the trade deal between India and EU, know why there will be loss?</title>
		<link>https://fastnewsglobe.com/india-eu-fta-these-two-sectors-will-get-a-blow-due-to-the-trade-deal-between-india-and-eu-know-why-there-will-be-loss/</link>
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		<pubDate>Wed, 28 Jan 2026 05:09:02 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Free Trade Deal]]></category>
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					<description><![CDATA[<p>India-EU Trade Deal: The Free Trade Deal between India and the European Union (EU) was...</p>
<p>The post <a href="https://fastnewsglobe.com/india-eu-fta-these-two-sectors-will-get-a-blow-due-to-the-trade-deal-between-india-and-eu-know-why-there-will-be-loss/">India-EU FTA: These two sectors will get a blow due to the trade deal between India and EU, know why there will be loss?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;"><strong>India-EU Trade Deal: </strong>The Free Trade Deal between India and the European Union (EU) was approved on Tuesday. It was named Mother of all deals. This deal happened at a time when both sides were struggling with many geopolitical tensions like high tariffs imposed by America, weak supply chains and war between Russia and Ukraine. This was harming trade flow.</p>
<p style="text-align: justify;">Under the FTA between India and EU, duty will be reduced on 99.5 percent of goods exported from India to EU, which includes seafood and footwear. In return, India will reduce or eliminate tariffs on 96.6 percent of goods imported from the EU, which includes European automakers and liquor. </p>
<h3 style="text-align: justify;">Many things will become cheaper </h3>
<p style="text-align: justify;">Overall, under the India-EU trade deal, many types of products are going to become cheaper in India, which will benefit both consumers and the industry. For consumers, the agreement is expected to reduce prices of European cars, premium and mid-range wines, spirits, beer, olive oil, processed foods, fruits such as kiwi and pears, and meat products including sheep meat and sausages.</p>
<p style="text-align: justify;">For industries, there will be a significant reduction in costs on imports of machinery, electrical equipment, medical devices, pharmaceuticals, chemicals, plastics, iron and steel, and aerospace components, which will help manufacturers, healthcare providers and the infrastructure sector reduce production costs and improve efficiency. </p>
<h3 style="text-align: justify;">Challenge for liquor manufacturing companies</h3>
<p style="text-align: justify;">India has drastically reduced the tariff on European wine. Duty on wine has been reduced to 20 percent, on spirits to 40 percent (which was earlier up to 150 percent) and on beer to 50 percent. This is no less than a challenge for the liquor manufacturing companies in India, for whom competition in the market is now expected to become tougher.</p>
<p style="text-align: justify;">&#8220;This is a negative thing for Indian brewers,&#8221; said Karan Taurani of Elara Securities. Shares of Sula Vineyards, United Breweries and Radico Khaitan fell after the announcement of reducing tariffs on European wine imports. </p>
<h3 style="text-align: justify;">Competition is going to be tough for Indian automakers</h3>
<p style="text-align: justify;">Car manufacturing companies in India are also likely to suffer losses due to the free trade deal because under this agreement, the tariff on cars imported from Europe has been reduced from 110 percent to 10 percent. Under this, duty on auto components will also be abolished in 5-10 years.</p>
<p style="text-align: justify;">It is obvious that after this deal, cars of foreign companies like Mercedes, BMW, Audi and Volkswagen will expand their presence in the Indian markets, but Indian automakers will have to face tough competition. After this news, shares of Mahindra &#038; Mahindra and Tata Motors Passenger Vehicles fell. </p>
<p style="text-align: justify;"><strong>Also read:</strong></p>
<p class="abp-article-title" style="text-align: justify;"><strong>Another opportunity missed by Pakistan which is going through crisis, UAE broke this big deal after meeting India </strong></p>
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<p><a href="https://www.abplive.com/business/india-eu-fta-is-likely-to-harm-indian-automakers-and-alcoholic-beverage-companies-know-the-reason-3080713" target="_blank" rel="noopener">Source link </a></p>
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		<title>India-EU Trade Deal: India-EU&#8217;s mother of all trade deal approved! Market of 2 billion people, will cover 25 percent of global GDP</title>
		<link>https://fastnewsglobe.com/india-eu-trade-deal-india-eus-mother-of-all-trade-deal-approved-market-of-2-billion-people-will-cover-25-percent-of-global-gdp/</link>
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		<pubDate>Tue, 27 Jan 2026 09:34:16 +0000</pubDate>
				<category><![CDATA[World News]]></category>
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					<description><![CDATA[<p>The long-running Free Trade Agreement (FTA) negotiations between India and the European Union have finally...</p>
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<p style="text-align: justify;">The long-running Free Trade Agreement (FTA) negotiations between India and the European Union have finally been completed. This historic deal is being called the Mother of all Trade Deals, because through it a huge market consisting of about 25 percent of the world&#8217;s global GDP and about 2 billion consumers has been connected. On Monday (26 January 2026), Commerce Secretary Rajesh Aggarwal confirmed this much-awaited deal, while on Tuesday (27 January 2026) Prime Minister Narendra Modi announced it. This deal is considered a major turning point in India&#8217;s global economic strategy.</p>
<p style="text-align: justify;">Negotiations on a free trade agreement between India and the European Union first began in 2013, but the process was stalled due to several differences. The talks were restarted in June 2022 and now after a long wait of almost nine years, this agreement has come out in its final form. This agreement is also special because under this, India will get direct and easy trade entry into the markets of 27 European countries. This is expected to further strengthen India&#8217;s role in the global supply chain.</p>
<p style="text-align: justify;"><strong>EU becomes India&#8217;s largest trade partner</strong></p>
<p style="text-align: justify;">The European Union remained India&#8217;s largest trading partner in the financial year 2023-24. During this period, the total trade between India and EU reached 135 billion dollars. After the implementation of the new free trade agreement, there is a possibility of rapid growth in this trade.</p>
<p style="text-align: justify;"><strong>Duty-free access to more than 97 percent Indian products</strong></p>
<p style="text-align: justify;">Indian exporters are going to get the biggest benefit of this agreement. According to reports, after the implementation of FTA, more than 97 percent of Indian products will get entry into the European market duty-free or at very low duty. Labour-intensive sectors like textile, leather, jewellery, electronics and chemicals will benefit the most. Also, with the end of the special duty-free benefits given to countries like Bangladesh, the competitive position of Indian companies will be further strengthened.</p>
<p style="text-align: justify;"><strong>Strategic balance between Trump&#8217;s tariff policy</strong></p>
<p style="text-align: justify;">The India-EU Free Trade Deal has come at a time when US President Donald Trump&#8217;s tariff policies have increased instability in global trade. America has imposed a tariff of up to 25 percent on Indian products and has also imposed an additional 25 percent penalty on the purchase of Russian oil. The European Union has also been affected by America&#8217;s steel and aluminum tariffs. In such a situation, this agreement between India and EU is being seen as a strategic balance against Trump&#8217;s tariff policy.</p>
<p style="text-align: justify;"><strong>Prime Minister Modi said – This is not just business, it is partnership</strong></p>
<p style="text-align: justify;">Prime Minister Narendra Modi described this agreement as not just a trade agreement but a victory for shared values. He said that this agreement is an ideal example of partnership between the two largest democratic economies of the world. According to the Prime Minister, this deal represents 25 percent of global GDP and almost one-third of global trade and also strengthens democracy, rule of law and international cooperation.</p>
<p style="text-align: justify;"><strong>Free trade zone of 2 billion people</strong></p>
<p style="text-align: justify;">European Commission President Ursula von der Leyen described this agreement as historic and said that history has been made today. He said that India and EU together have created a free trade zone of about 2 billion people and this is just the beginning. According to him, this agreement will give new heights to the India-Europe strategic partnership in the coming years and will play an important role in bringing stability to the global economy.</p>
<p style="text-align: justify;"><strong>Also read: </strong><strong>Karnataka Toll: Army commando, who has lost both legs, misbehaved at toll, said- &#8216;To a soldier fighting for the country&#8230;&#8217;</strong></p>
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<p><a href="https://www.abplive.com/news/world/india-eu-mother-of-all-trade-deal-sealed-cover-market-of-2-billion-people-and-25-percent-of-global-gdp-3080273" target="_blank" rel="noopener">Source link </a></p>
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		<title>Pasta, beer, wine, chocolate… know how much will become cheaper after FTA with EU</title>
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		<pubDate>Tue, 27 Jan 2026 08:36:20 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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<p style="text-align: justify;"><span style="font-weight: 400;"><strong>India EU Free Trade Deal:</strong> The signing of the India-EU Free Trade Agreement (FTA) on January 27, after 18 years of long negotiations with the European Union, is being considered a historic step. After this agreement, tariffs on about 97 percent of Indian products sent to Europe will be eliminated, due to which India is expected to save customs duty of about $ 75 billion every year. Along with this, there will be a big relief in the prices of European products in the Indian market.</span></p>
<p style="text-align: justify;"><strong>Beer and liquor will be cheaper</strong></p>
<p style="text-align: justify;"><span style="font-weight: 400;">According to reports, the prices of beer may be reduced by about 50 percent, while the prices of wine are likely to be reduced by 20 to 30 percent. The biggest change can be seen in the auto sector, where the current tariff of up to 110 percent may come down to 10 percent. </span></p>
<p style="text-align: justify;"><span style="font-weight: 400;">Additionally, the current import duty of up to 50 percent on European food products like pasta and chocolate will be completely eliminated after the FTA, making these products more affordable for Indian consumers.</span></p>
<p style="text-align: justify;"><strong>Looking for alternatives after US high tariffs</strong></p>
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<p style="text-align: justify;" data-start="0" data-end="783" data-is-last-node="" data-is-only-node="">This free trade deal of India with the European Union has come at a time when there is increased uncertainty in global trade due to high tariffs imposed by US President Donald Trump and many countries are looking for new markets. Indian exports have suffered a major setback due to the imposition of high tariffs of up to 50 percent on India by America. It is in this background that the India-EU FTA was announced after intensive talks between high-level delegations from both sides.</p>
<p style="text-align: justify;" data-start="0" data-end="783" data-is-last-node="" data-is-only-node="">Earlier this month, the European Union had signed an agreement with Latin American countries and indicated that it is looking for new trading partners beyond traditional partners. In such a situation, this deal with India is considered strategically important for both, which is a big step towards alternative and stable markets in the changing global trade scenario.</p>
<p style="text-align: justify;"><span style="font-weight: 400;">After FTA with India, the European Union now aims to eliminate tariffs on 96 percent of goods by 2032. This will save about 4 billion dollars annually.</span></p>
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<p style="text-align: justify;"><span style="font-weight: 400;">Read this also: Approval has been given on FTA which has not happened in 20 years, know what will change for you from the prices of goods and services.</span></p>
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<p><a href="https://www.abplive.com/business/india-eu-free-trade-deal-will-cut-duties-on-alcohol-food-and-chemical-3080286" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/pasta-beer-wine-chocolate-know-how-much-will-become-cheaper-after-fta-with-eu/">Pasta, beer, wine, chocolate… know how much will become cheaper after FTA with EU</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>India-EU Free Trade Deal: Approval of FTA which has not happened in 20 years, know what will change for you from the prices of goods and services</title>
		<link>https://fastnewsglobe.com/india-eu-free-trade-deal-approval-of-fta-which-has-not-happened-in-20-years-know-what-will-change-for-you-from-the-prices-of-goods-and-services/</link>
					<comments>https://fastnewsglobe.com/india-eu-free-trade-deal-approval-of-fta-which-has-not-happened-in-20-years-know-what-will-change-for-you-from-the-prices-of-goods-and-services/#respond</comments>
		
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		<pubDate>Tue, 27 Jan 2026 07:15:33 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Free Trade Agreement]]></category>
		<category><![CDATA[FTA]]></category>
		<category><![CDATA[India eu fta]]></category>
		<category><![CDATA[india eu trade deal]]></category>
		<category><![CDATA[India-EU trade agreement]]></category>
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					<description><![CDATA[<p>India-EU FTA: During the high-level meeting held in New Delhi, the much-awaited Free Trade Agreement...</p>
<p>The post <a href="https://fastnewsglobe.com/india-eu-free-trade-deal-approval-of-fta-which-has-not-happened-in-20-years-know-what-will-change-for-you-from-the-prices-of-goods-and-services/">India-EU Free Trade Deal: Approval of FTA which has not happened in 20 years, know what will change for you from the prices of goods and services</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;" data-start="0" data-end="469"><strong>India-EU FTA:</strong> During the high-level meeting held in New Delhi, the much-awaited Free Trade Agreement (FTA) between India and the European Union (EU) was finally sealed, which could not be finalized for the last two decades. This agreement is being called the “Mother of All Deals” because of its comprehensiveness and strategic importance. In fact, the European Union is India&#8217;s largest trading partner and about 17 percent of India&#8217;s total global trade is with the EU alone, which further increases the importance of this agreement.</p>
<p style="text-align: justify;" data-start="0" data-end="469"><strong>Trade surplus trade with EU</strong></p>
<p style="text-align: justify;" data-start="471" data-end="822">If we look at the figures, the total trade between India and EU in the financial year 2024-25 was approximately $ 136.53 billion. In this, the import from EU to India was about 60.68 billion dollars, while India exported about 75.85 billion dollars to the EU. In this way, India achieved a trade surplus of about $ 15.17 billion with the EU, which shows a strong position for Indian exporters.</p>
<p style="text-align: justify;" data-start="824" data-end="1221" data-is-last-node="" data-is-only-node="">India-EU relations have been very strong not only in goods but also in the services sector. In the year 2024, services trade between the two will reach approximately $83.10 billion, in which IT services, business services and telecommunications have a major contribution. With the implementation of the new FTA, it is expected that trade barriers will reduce, investment will increase and India-EU economic relations will deepen in the coming years.</p>
<p style="text-align: justify;">Let us know what is going to change after the signing of the historic FT agreement with the EU.</p>
<p style="text-align: justify;"><strong>Electronics, clothing and market access</strong></p>
<p style="text-align: justify;" data-start="0" data-end="376">Many important changes can be seen after the historic free trade agreement with the EU is ratified. The most direct impact of this agreement will be on market access in electronics, textiles and other manufacturing sectors. Especially the reduction in customs duty on goods will make Indian products more competitive in the European market, which is expected to give a big boost to exports.</p>
<p style="text-align: justify;" data-start="378" data-end="821" data-is-last-node="" data-is-only-node="">At present, about 10 percent customs duty is imposed on Indian clothes in the European Union, which has been a big challenge for Indian exporters. Under the FTA, this fee is likely to be reduced in a phased manner. This will not only make Indian clothes cheaper but will also increase their demand in Europe. Its direct benefit will be that Indian exporters will be in a better position than countries like Bangladesh and Vietnam and will be able to strengthen their share in the European market.</p>
<p style="text-align: justify;"><strong>cars will be cheaper</strong></p>
<p style="text-align: justify;" data-start="0" data-end="416">The sector that is being discussed the most in the India-EU FTA is the automobile sector, because till now the Indian car market has been counted among the most protected markets in the world. At present, 70 to 100 percent import duty is imposed on cars coming from Europe, which is decided depending on the model and price. For this reason, European luxury and premium cars become very expensive for Indian customers and their accessibility remains limited.</p>
<p style="text-align: justify;" data-start="418" data-end="880" data-is-last-node="" data-is-only-node="">According to reports, there may be a big change in this situation after the implementation of FTA. The Government of India has agreed to reduce the import duty on expensive cars priced above Rs 16 lakh to about 40 percent in the initial phase. With this, European cars may become cheaper than before, due to which Indian consumers will have more options. Also, this will increase competition in the Indian auto sector and will also create pressure on domestic companies to further improve technology, quality and innovation.</p>
<p style="text-align: justify;">.</p>
<p style="text-align: justify;" data-start="824" data-end="1221" data-is-last-node="" data-is-only-node="">Also read: Now you will not be able to hold meetings in cafes! For more than 1 hour, Rs 1000 will be charged. Extra charge per hour, notice goes viral</p>
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<p><a href="https://www.abplive.com/business/india-eu-fta-done-how-it-will-impact-on-your-and-what-will-change-now-3080234" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/india-eu-free-trade-deal-approval-of-fta-which-has-not-happened-in-20-years-know-what-will-change-for-you-from-the-prices-of-goods-and-services/">India-EU Free Trade Deal: Approval of FTA which has not happened in 20 years, know what will change for you from the prices of goods and services</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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