economy
India y la UE sellan ambicioso acuerdo comercial
India y la Unión Europea (UE) concretaron un acuerdo de libre comercio que marca un hito en las relaciones económicas entre ambas partes, tras casi dos décadas de negociaciones intermitentes y meses de intensas conversaciones.
TL;DR
- India and the EU have finalized a free trade agreement after nearly two decades of intermittent negotiations.
- The pact aims to open the Indian market to EU countries, focusing on manufacturing and services.
- It is expected to double European exports to India by 2032 through tariff reductions.
- European products like cars and wine will gain easier access to India, while India can export more textiles, precious stones, and pharmaceuticals to the EU.
- Tariffs on industrial goods, automobiles, wine, and processed foods will be gradually eliminated or reduced.
- The EU will maintain tariffs on sensitive agricultural products.
- A labor mobility agreement will expand opportunities for young professionals and temporary workers.
- Both parties will explore integrating India into the EU's Horizon research program.
- Cooperation in security, maritime safety, hybrid threats, and counter-terrorism will be strengthened.
- The agreement requires ratification by EU member states, the European Parliament, and the Indian Cabinet.