Economy News

India–EU FTA

February 2 , 2026 19 hrs 0 min 54 0

The India-European Union free trade agreement (FTA) is widely termed as the "mother of all deals".
India allowed European Union (EU) banks to open 15 branches in the country over a four-year period under the India–EU Free Trade Agreement (FTA).
This agreement provides limited market access to EU banks while ensuring domestic financial stability.
India allows 100 % foreign direct investment (FDI) in the insurance sector and 74 % FDI in banking services.
The agreement includes safeguards for national security and measures to protect domestic industries from sudden import surges.
India’s intellectual property (IP) rights will remain unchanged under this agreement.
A joint review of the agreement will be conducted every five years to monitor progress and make adjustments if needed.