A report by Politeia Research Foundation says the proposed India-EU free trade agreement could significantly strengthen economic ties, boost Indian exports, attract investment, improve access to advanced technologies and support services trade, while helping the EU diversify its global trade partnerships
India has safeguarded sensitive sectors, including dairy, cereals, poultry, soymeal, certain fruits and vegetables, balancing export growth with domestic priorities
The proposed India-EU free trade agreement, set to be announced on January 27, is expected to include import duty cuts on labour-intensive sectors, automobiles and wines, along with liberalised norms in services, sources said