Dear Members,

As you are aware, Prime Minister Narendra Modi hosted the 16th European Union-India Summit in New Delhi with President of the European Commission Ursula von der Leyen and visiting President of the European Council, Antonio Costa, to announce the ‘month of all trade deals’. According to Commerce Secretary Rajesh Agrawal, India and the EU have concluded negotiations on the much-awaited Free Trade Agreement (FTA), and the announcement of the conclusion of talks made at the 16th India-EU Summit.

According to officials, the signing of the deal will take place in about six months after the legal scrubbing. The deal is expected to come into effect sometime next year.

The FTA is expected to bring a qualitative change in deepening the overall bilateral ties in a range of sectors including CAPEXIL’s sectors. We are attaching herewith a brief note on strategic gains for Capexil’s sectors for your kind information.

Click here to see a brief note on strategic gains for Capexil’s sectors