India and EU Pledge MFN Treatment in Landmark FTA, Provisional Deal Text Released

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India, EU Release Historic FTA Text, Commit to MFN Treatment for 5 Years

India announced a landmark FTA with the European Union in January.

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News18•27-02-2026, 23:34

India, EU Release Historic FTA Text, Commit to MFN Treatment for 5 Years

•India and the EU commit to Most Favoured Nation (MFN) treatment under their Free Trade Agreement (FTA) for five years.
•The Department of Commerce released the provisional text of the landmark deal, finalized after nearly two decades of negotiations.
•MFN benefits beyond five years depend on a review, including Indian students' rights and social security arrangements.
•The India-EU FTA, hailed as the "mother of all deals," covers 20 chapters including trade in goods, services, and digital trade.
•The agreement provides immediate duty-free access for over 70.4% of Indian tariff lines, with 99% of exports eventually duty-free.

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