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India-EU FTA to open new avenues for businesses, deepen commercial ties: Finland Trade Counsellor

Bilateral trade remains a key pillar of the India-EU relationship, with total trade crossing USD 190 billion in 2024-25. India exported goods worth USD 75.9 billion and services worth USD 30 billion to the EU, while the EU exported USD 60.7 billion in goods and USD 23 billion in services to India

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Representational Image. File pic.

Representational Image. File pic.

Trade Counsellor at the Embassy of Finland Antti Herlevi on Friday said European businesses are keen to work with Indian companies and the India-European Union Free Trade Agreement (FTA) will open new avenues for businesses and deepen commercial cooperation between India and European nations, according to news agency IANS.

"This year is very important. As you know, the FTA has been signed, and Europeans are very much looking forward to working with India and Indian companies. There is a lot of excitement, and we hope that all the practicalities will be worked out soon," Herlevi said.

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