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India and EU expected to announce conclusion of trade talks on Tuesday

India and the European Union are set to announce the conclusion of lengthy negotiations for a free trade agreement, which is anticipated to lead to reduced tariffs on European cars and wine while expanding market access for Indian electronics, textiles, and chemicals.

António Luís Santos da Costa, the President of the European Council, and Prime Minister Narendra Modi

António Luís Santos da Costa, the President of the European Council, and Prime Minister Narendra Modi

Credit: Firstpost

Key Highlights

  • India and EU are concluding trade negotiations on Tuesday.
  • The trade pact aims to reduce tariffs on European cars and wine.
  • Indian exports of electronics, textiles, and chemicals are expected to expand.
  • The announcement involves Prime Minister Narendra Modi and the President of the European Council.
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Sources

  1. India and EU expected to announce conclusion of trade talks on Tuesday

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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