Relations between the European Union and the Republic of India are currently defined by the 1994 EU–India Cooperation Agreement. The EU is a significant trade partner for India and the two sides have been attempting to negotiate a free trade deal since 2007. [1]

On 17 June 2022, the European Union relaunched negotiations with India for a Free Trade Agreement, and launched separate negotiations for an Investment Protection Agreement and an Agreement on Geographical Indications (GIs).

EU has invested Euro 88 billion in India from 2000-2023. With 4,500 EU companies operating in India, they have contributed to creation of over 1.7 million direct and 5 million indirect jobs in the country.

Trade in services between the EU and India reached €50.8 billion in 2023, up from €30.4 billion in 2020. The EU's share in foreign investment stock in India reached €108.3 billion in 2022, up from €82.3 billion in 2019, making the EU a leading foreign investor in India.

2022 marked the 60th anniversary of EU-India bilateral relations, highlighting several key achievements: The EU was India's third-largest trading partner in 2021. EU foreign direct investment (FDI) in India reached €87 billion in 2020. Nearly 15% of Indian exports were directed to the EU in 2021.

Apr 22, 2022 · As the world’s two largest democracies, the EU and India share a commitment to protecting and promoting human rights, a rules-based global order, effective multilateralism, sustainable development and open trade. In 2022, the EU and India celebrate 60 years of …

Apr 8, 2021 · India and the EU are two of the world's largest economies having shared synergies and offering significant trade and investment opportunities. The EU is India's largest trading partner and India is the EU’s 9th trading partner in terms of bilateral trade in goods. In 2023, the total value of EU-India trade in goods stood at €113.3 billion.

Jul 15, 2020 · In a complex international environment, the Republic of India and the European Union, both "unions of diversity", sharing values of democracy, rule of law and human rights, are equally convinced of the necessity to preserve the rules …

5 days ago · According to an official statement, negotiations for the India-European Union (EU) Free Trade Agreement (FTA) have made substantial progress. The update follows Commerce and Industry Minister Piyush Goyal’s visit to Brussels, where he held discussions with European Trade Commissioner Maros Sefcovic.

The India-EU merchandise trade has registered an all-time high value of USD 116.36 Billion in 2021-22 with a year-on growth of 43.5%. India’s export to the EU jumped 57% in FY 2021-22 to $65 billion.