India-EU Trade Deal to Cut Import Duties on Textiles, Footwear, Cars, Wines and More
India and the European Union are close to finalizing a landmark India-EU Trade deal that will significantly reduce import duties on a range of goods including textiles, footwear, cars, and wines after nearly two decades of negotiations. This agreement is expected to reshape trade relations between India and the 27-member EU bloc while boosting exports, creating jobs, and strengthening economic ties between two of the world’s largest markets.
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