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EU Formalizes Trade Agreement with India Amidst US Trade Tensions

Published January 28, 2026, 05:06
EU Formalizes Trade Agreement with India Amidst US Trade Tensions

The European Union has formalized a new trade agreement with India, considered significant given India's position as the world's fourth-largest economy. The Commission estimates the agreement will double European exports to India over the next 6-7 years and create hundreds of thousands of new jobs. This agreement comes at a time of heightened tension in EU-US relations, following controversial statements from Donald Trump regarding protectionism. European officials argue the agreement sends a message to the world about the importance of rules-based cooperation and opposition to protectionism. However, the agreement still needs to undergo lengthy approval processes by member states and the European Parliament.