Murmu Lauds Landmark India-EU Pacts Amid Republic Day Summit
President Droupadi Murmu hailed new India-EU agreements during EU leaders’ Republic Day visit, emphasizing shared democratic values like pluralism and open markets. The 16th Summit produced 13 pacts, including a Free Trade Agreement dubbed the “mother of all deals,” Security and Defence Partnership, and Mobility Framework with an EU Legal Gateway Office. Leaders adopted the “Towards 2030” agenda across prosperity, tech, security, and connectivity. Murmu called the future “full of promise,” boosting ties in trade, clean energy, and counterterrorism.
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EU-India FTA: Wine Tariffs Slashed
The India-EU Free Trade Agreement slashes tariffs on European wines from 150% to 20-30%, spirits to 40%, beer to 50%, olive oil to zero, and processed foods like pasta and chocolates duty-free. Dubbed the “mother of all deals” by Ursula von der Leyen, it opens India’s 1.45B market while protecting EU sectors like beef and dairy. Expected 2026 rollout boosts trade, jobs, and consumer choice.Game-Changer: EU Food Access to IndiaEU producers gain massive entry to India via tariff cuts: olive oil (45%→0), juices/beer (55%→0), sheep meat (33%→0). Excludes rice, sugar; safeguards apply. “Unlocks growth,” says SpiritsEurope. Covers France, Italy wines, Scotch—€75B potential despite prior high barriers.
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