<h1>India-EU free trade agreement to broaden tariff concessions and market access, boosting Indian exports and diversification</h1> A proposed India-EU free trade agreement is reported to be at the final stage of negotiation, introducing a bilateral FTA that will create preferential market-access commitments and tariff-reduction/ elimination provisions between India and the 27-member EU; its operative effect will be to broaden tariff concessions and trade facilitation for goods and services, expand export opportunities for Indian sectors, enable export diversification away from markets subject to high third-country tariffs, and deepen bilateral trade ties with the EU as a principal goods market.