Ongoing discussions between India and the European Union gained traction this week as trade officials pushed to conclude the long-pending Free Trade Agreement by late 2025. Talks currently focus on tariff rationalization, cross-border data flow, and carbon-border adjustments. Progress has been reported on goods access and digital services. Economists said the FTA could unlock new export markets for Indian manufacturers and facilitate technology partnerships with European firms. Both sides reiterated their intent to finalize a mutually beneficial trade framework next year.