After two decades of rigorous negotiations, India and the European Union (EU) have finally arrived at a historic turning point. The Free Trade Agreement (FTA) aims at better economic integration between India and the EU. The development signals the peak of the long-running diplomacy and
India is preparing to sharply reduce import duties on passenger cars from the European Union as part of a long-anticipated free trade agreement between New Delhi and de facto capital Brussels. Under terms agreed by Indian negotiators, tariffs on certain EU-built vehicles priced above €15,000