Union Minister Amit Shah has called the India-EU Trade Deal a defining moment, securing a strategic breakthrough in the country’s global trade engagement. In a series of social media posts, the Minister said the deal augments the nation’s mission for an Atmanirbhar Bharat through win-win agreements securing a trusted, mutually beneficial, and balanced partnership. Mr Shah called the India-EU FTA a new benchmark for people-friendly trade agreements, and said that the agreement sets the stage for a boom in the rural economy and a rise in women’s participation through securing preferential market access for agricultural exports. The Minister said the deal safeguards the related sectors while heralding a new era of prosperity by gaining unprecedented access for 99% of Indian exports, opening a whole new world of opportunities for textiles, apparel, leather, footwear, marine products, gems, jewellery, handicrafts, engineering goods, medical instruments and appliances, plastics and rubber, and the automobile sectors.
Mr Shah added that the agreement launches the global aspirations of the country’s youth to achieve new heights by unlocking opportunities across sectors, creating new jobs, spurring innovation, and enhancing their competitiveness. He said, the agreement powers India’s talent across Europe by providing independent professionals spread across 17 subsectors of certainty in providing services to EU clients, creating avenues in knowledge-driven trade, and facilitating AYUSH practitioners trained in India with the scope to provide services in EU member states.
