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Date: 12/03/2025

EU presses for cut in tariffs on whiskey, cars in India-EU FTA

The European Union (EU) is pressing for lower tariffs on its key exports, including whiskey, wine and cars as part of its negotiations for a Free Trade Agreement (FTA) with India. According to EU officials, trade and technology are high on the agenda as both sides seek to finalise a commercially meaningful agreement. India’s market remains relatively closed, particularly for key products of interest to the EU and industries. India, however, is seeking trade concessions for its micro, small and medium enterprises (MSMEs) while also pushing back against the EU’s Carbon Border Adjustment Mechanism (CBAM) which could impose high duties on Indian steel and aluminium exports, as per a report.

Source: Exim News Service: Brussels, March 11