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India, EU aim to have FTA ready ahead of leaders' meet on Jan 27: Commerce secretary.

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India is close to signing a long-coveted trade deal with the European Union this month, trade secretary Rajesh Agrawal said on Thursday, in what would be the South Asian nation's largest pact yet as it ‌chases new markets ‌amid US tariff pressure. Agrawal said the two sides were 'very close' to finalising the ‌agreement and were exploring whether it could be wrapped up before leaders from both sides meet in New Delhi this month.

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Turkish products excluded from India, EU FTA benefits.

Indian products can enter Turkiye via Europe, but Turkiye cannot send goods to India under the India-European Union free trade agreement (FTA) terms, officials said. Under the EU-Turkey Customs Union, Turkiye has to match the EU's common external tariff. So, when the EU lowers its tariffs for an FTA partner such as India, Turkiye would have to extend the same benefit to India.


 
 
 

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