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Leather footwear laid out in rows under the sun on an Indian farm yard, drying evenly.
Illustration — AI-generated

India EU trade deal signed in Brussels

On 16 December 2026, India and the European Union will sign a trade agreement in Brussels. The deal covers €118 billion in goods trade and €67 billion in services trade. It includes a market for two billion people.

The agreement settles two key issues for Indian exporters: the carbon border and the molecule rule. The legal process is already complete, and the deal is expected to be fully implemented in early 2027.

Source: Pheonix Research

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