India and Europe Strengthen Trade and Investment Ties Through New Agreements

European ambassadors highlighted the significance of recent trade agreements between India and European entities, including the India-EU Free Trade Agreement (FTA) and the India-EFTA Trade and Economic Partnership Agreement (TEPA). These deals aim to lower trade barriers, promote investments, and foster collaboration in sectors like manufacturing, pharmaceuticals, green technology, and defence. The agreements cover a large share of goods traded, with commitments to job creation and economic growth benefiting both India and European countries.