How the India-EU mega trade deal works: Tariffs, quotas and what consumers should expect
Published on Jan 28, 2026 12:19 am IST
India-EU trade deal: It's finally done - a trade deal for which discussions started in 2007, then stalled, then re-started in 2022, then was sped up by the fact that Donald Trump kept imposing and threatening hefty tariffs on everyone from friends and foes, has finally been sealed. This marks the largest trade agreement that both the EU and India have ever concluded, as leaders of both countries have said repeatedly, it represents a quarter of global GDP and one third of global trade. Now what are the basic details that we know about what actually is in this pact?
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