Commerce and Trade Minister Piyush Goyal meets EU Commerce, Financial and Safety Commissioner Maros Sefcovic in Brussels on October 27, 2025. Picture credit score: ANI
India and the European Union have “considerably” narrowed the hole between their negotiating positions after three days of commerce talks in Brussels, Commerce and Trade Minister Piyush Goyal stated on Tuesday (28 October 2025) evening.
Mr. Goyal and his EU counterpart Commissioner Maroš Šefčović held talks to offer political backing to deliver the India-EU Free Commerce Settlement (FTA) negotiations to the end line.
“These talks have considerably decreased our unresolved points and created a framework for a win-win financial relationship,” Goyal stated of X, calling the talks “intense” however “very productive.”
Goyal posted a video assertion by each ministers, with Šefčović characterizing the assembly as happening in an environment of “full transparency and belief.” The minister additionally stated, “Extra efforts are wanted.” He stated vital progress had been made in lots of areas and each side offered particular steering to the group on industrial tariffs.
Mr Šefčović confirmed {that a} high-level EU commerce delegation, led by Secretary-Normal Sabine Weyand, will journey to New Delhi subsequent week to finalize “technical tariff negotiations”. The European Parliament’s commerce delegation is in New Delhi this week to realize a deeper understanding of the challenges and alternatives posed by commerce negotiations.
controversial points
A part of the problem includes tariffs on agricultural merchandise, a delicate space for each side, particularly India. Tariffs on European vehicles offered in India have additionally been mentioned in current weeks. Regulatory points, together with the EU’s import carbon tax (Carbon Border Adjustment Mechanism), are controversial points that have to be resolved.
However, Prime Minister Narendra Modi and European Fee President Ursula von der Leyen supported a year-end deadline for the FTA, and the 14th spherical of negotiations concluded on October 10 in Brussels. The Hindu reported on October 11 that negotiations will proceed between official rounds as each groups rush to satisfy the deadline.
“The negotiations and discussions laid the foundations for a robust and balanced settlement,” Goyal stated.
