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Published on: 02/06/2026 - 6:00 p.m.

A free trade treaty that makes fewer waves than the one with Mercosur: the trade agreement between India and the European Union. Signed at the end of January in New Delhi by the President of the European Commission and the Indian Prime Minister, this agreement provides for the elimination of customs duties on 90% of goods traded between India and Europe, with the exception of sensitive agricultural products such as beef, poultry and rice, which Ursula von der Leyen welcomes.

This new free trade agreement raises questions: will it slow down European reindustrialization, while India exports many goods produced by cheap labor? Environmentally, will India respect the carbon border tax implemented by the EU?

Furthermore, let us not forget that Narendra Modi's India is very close to Vladimir Putin's Russia, from which he buys oil, even if Donald Trump claimed to have signed a trade agreement with India and that New Delhi will now favor American oil.

Program prepared by Perrine Desplats, Oihana Almandoz, Paul Guianvarc’h and Isabelle Romero

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