Tag: EU tariff elimination
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India–EU free trade agreement 2026: tariffs, CBAM, sourcing impact
The India–EU Free Trade Agreement (2026) reshapes sourcing strategy for global procurement leaders. With 99.5% tariff elimination, €4B annual duty savings, phased automotive tariff reductions, CBAM compliance obligations, and €500M in climate funding support, the agreement materially alters cost modelling, supplier selection, and long-term India sourcing decisions.