India, EU exploring possibility to negotiate FTA in phases: Official

April 8, 2025

India and the European Union are considering a phased approach to their free trade agreement negotiations due to global trade uncertainties. Following a visit from EU leaders, talks are progressing positively, aiming to boost trade and investment. India’s bilateral trade with the EU reached USD 137.41 billion in 2023-24, making the EU India’s largest trading partner for goods.

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