Union Minister of Commerce and Industry Piyush Goyal greets during India-EU FTA joint press conference, in New Delhi. File | Photo Credit: ANI Feb 27 (Reuters) – The European Union and India have agreed to grant each other Most Favoured Nation status for a period of five years starting from the date of a trade deal entering into force, a draft of the agreement showed on Friday (February 27, 2026). Read | The India-EU trade deal is also a strategic turning point The FTA, finalised after years of negotiations re-launched in 2022, eliminates or reduces tariffs on 96.6% of EU exports to India by value and 99.5% of Indian exports to the EU by trade value. Published – February 28, 2026 07:38 am IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation ‘Hidden camera’ found in bathroom of TISS-Guwahati girls’ hostel, probe underway Cargo plane carrying money crashes near Bolivia’s capital, killing at least 15