<h1>India-EU Trade Pact Targets July Breakthrough with Comprehensive Deal Covering IP, Tariffs, and Procurement Mechanisms</h1> India and the European Union are advancing negotiations for an early harvest trade agreement targeting July this year. The proposed pact will cover intellectual property rights, tariff barriers, government procurement, and other trade-related issues. Negotiations resumed in 2022 after an eight-year pause, with both sides aiming to conclude a comprehensive free trade agreement. The bilateral trade in goods reached $137.41 billion in 2023-24, making them significant trading partners.