27 Jan 2026
India–EU Free Trade Agreement signed (Jan 2026)
UPSC
Banking
SSC
Economy
Summary
India and the European Union concluded a comprehensive free trade agreement after years of negotiation. The deal covers tariff reductions on goods, services market access, and investment protections.
Why it matters
Largest trade bloc India has ever concluded a deal with by GDP. Relevant for UPSC GS Paper 2 (international relations), Banking economy section, and SSC current affairs. Watch for downstream questions on rules of origin, tariff schedules, and impact on Indian exporters.