30/01/2026
๐ฎ๐ณ๐ช๐บ ๐๐ป๐ฑ๐ถ๐ฎโ๐๐จ ๐๐ฟ๐ฒ๐ฒ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐๐ด๐ฟ๐ฒ๐ฒ๐บ๐ฒ๐ป๐ | ๐ ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐ฃ๐ผ๐น๐ถ๐ฐ๐ ๐ ๐ถ๐น๐ฒ๐๐๐ผ๐ป๐ฒ
Mr. Vivek Bhide, F.IOD, President of Indo-Belgian-Luxembourg Chamber of Commerce & Industry (IBLCCI) had the opportunity to attend the ๐๐ป๐ฑ๐ถ๐ฎ-๐๐จ ๐ฆ๐๐บ๐บ๐ถ๐ ๐ถ๐ป ๐ก๐ฒ๐ ๐๐ฒ๐น๐ต๐ถ ๐ผ๐ป ๐ฎ๐ณ ๐๐ฎ๐ป๐๐ฎ๐ฟ๐, marking the conclusion of the ๐๐ป๐ฑ๐ถ๐ฎ-๐๐จ ๐๐ฟ๐ฒ๐ฒ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐๐ด๐ฟ๐ฒ๐ฒ๐บ๐ฒ๐ป๐ after nearly two decades of negotiations.
Described as the โ๐ฎ๐ฐ๐ต๐ฉ๐ฆ๐ณ ๐ฐ๐ง ๐ข๐ญ๐ญ ๐ต๐ณ๐ข๐ฅ๐ฆ ๐ฅ๐ฆ๐ข๐ญs,โ this landmark agreement represents a decisive step in strengthening India-EU economic relations. Together, India and the European Union account for nearly ๐ฎ๐ฑ% ๐ผ๐ณ ๐๐ต๐ฒ ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐ฝ๐ผ๐ฝ๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐ฎ๐ป๐ฑ ๐๐๐ฃ, making this the largest FTA concluded to date.
With โฌ๐ฐ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป ๐๐ฎ๐ฟ๐ถ๐ณ๐ณ ๐ฟ๐ฒ๐ฑ๐๐ฐ๐๐ถ๐ผ๐ป๐ and access to a market of nearly ๐ฎ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ฝ๐ฒ๐ผ๐ฝ๐น๐ฒ, the agreement significantly enhances market access, regulatory predictability, and long-term trade certainty for businesses.
๐ง๐ช๐ฑ๐บ ๐ช๐ต๐ฎ๐ ๐๐ต๐ถ๐ ๐บ๐ฒ๐ฎ๐ป๐ ๐ณ๐ผ๐ฟ ๐๐ฒ๐น๐ด๐ถ๐ฎ๐ป ๐ฎ๐ป๐ฑ ๐๐๐
๐ฒ๐บ๐ฏ๐ผ๐๐ฟ๐ด ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐
โข ๐๐ผ๐๐ฒ๐ฟ ๐๐ฎ๐ฟ๐ถ๐ณ๐ณ๐ on exports such as chemicals, pharmaceuticals, engineering goods, and clean technologies
โข ๐๐น๐ฒ๐ฎ๐ฟ๐ฒ๐ฟ ๐ฎ๐ป๐ฑ ๐บ๐ผ๐ฟ๐ฒ ๐ฝ๐ฟ๐ฒ๐ฑ๐ถ๐ฐ๐๐ฎ๐ฏ๐น๐ฒ ๐๐ฟ๐ฎ๐ฑ๐ฒ ๐ฎ๐ป๐ฑ ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐ ๐ฟ๐๐น๐ฒ๐, supporting long-term planning
โข ๐๐บ๐ฝ๐ฟ๐ผ๐๐ฒ๐ฑ ๐ฎ๐ฐ๐ฐ๐ฒ๐๐ to Indiaโs fast-growing consumer and industrial markets
โข ๐ฆ๐๐ฟ๐ผ๐ป๐ด๐ฒ๐ฟ ๐ผ๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐ for partnerships, sourcing, joint ventures, and investments
โข ๐ฅ๐ฒ๐ถ๐ป๐ณ๐ผ๐ฟ๐ฐ๐ฒ๐ฑ ๐ฟ๐ผ๐น๐ฒ ๐ผ๐ณ ๐๐ฒ๐น๐ด๐ถ๐๐บ ๐ฎ๐ป๐ฑ ๐๐๐
๐ฒ๐บ๐ฏ๐ผ๐๐ฟ๐ด ๐ฎ๐ ๐๐จ ๐ด๐ฎ๐๐ฒ๐๐ฎ๐๐, leveraging logistics, finance, and connectivity
At a broader European level, the FTA strengthens long-term cooperation with India in manufacturing, energy transition, sustainable industry and innovation. Companies such as John Cockerill, Syensqo and others already illustrate the strong industrial potential of this partnership combining European engineering excellence with Indiaโs scale and growth ambitions.
Overall, the IndiaโEU FTA opens a new chapter in bilateral relations - ๐ณ๐ผ๐ฐ๐๐๐ฒ๐ฑ ๐ผ๐ป ๐ฝ๐ผ๐น๐ถ๐ฐ๐ ๐ฎ๐น๐ถ๐ด๐ป๐บ๐ฒ๐ป๐, ๐ฒ๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐ฟ๐ฒ๐๐ถ๐น๐ถ๐ฒ๐ป๐ฐ๐ฒ, ๐ฎ๐ป๐ฑ ๐๐ต๐ฎ๐ฟ๐ฒ๐ฑ ๐ด๐ฟ๐ผ๐๐๐ต, with clear benefits for businesses across Belgium, Luxembourg, and Europe.