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EU-India free trade deal will slash tariffs for medicines and medical devices

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The European Union and India have concluded negotiations on a landmark Free Trade Agreement (FTA), with Brussels signalling that the outcome surpasses several of the EU’s recent trade deals. A senior European Commission official said the agreement is “considerably better” than those concluded with Australia, the EFTA states and the UK.

According to the official, the turning point came when the full College of Commissioners travelled to India in February of last year and publicly committed to finalizing the deal by the year’s end...

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