India-EU Free Trade Pact Covers One-Third of World Population, Impacts 25% of Global GDP: Union Minister of Commerce and Industry Shri Piyush Goyal

• India–EU FTA: Comprehensive free trade pact between India and the 27-member European Union, negotiations concluded 27 January 2026 during the 16th India–EU Summit in New Delhi.
• Coverage cited by Minister Goyal: ~1/3 of world population, ~25% of global GDP, significant share of global trade.
• EU becomes India's 22nd FTA partner; India has signed 8 FTAs in 4 years.
• Strategically significant for GS-II (bilateral ties) and GS-III (external sector, trade policy).