India and EU Near Conclusion of Free Trade Agreement Amid Ongoing Negotiations

India and the European Union are poised to announce the conclusion of a free trade agreement (FTA) after nearly 18 years of negotiations, with a formal announcement expected around January 27 during the EU delegation's visit to India. The deal aims to enhance trade in goods and services, but challenges remain, including non-tariff barriers, regulatory delays, and climate-related rules. The summit will also address defence cooperation and mobility frameworks, with EU leaders attending India's Republic Day as chief guests.