GENERAL29 Sept 2026
‘If you miss India, you’ll miss a large chunk of 21st century’: Manuel Muñiz
India and the European Union are moving closer to a free trade agreement, expected to be signed this December and to start in early 2027, once the European Parliament clears it. It could double trade, with about half the growth coming from services. Manuel Muñiz, a former Spanish secretary of state, says firms that skip India will miss a large chunk of the 21st century.
Key Statutory Highlights
- The India-EU Free Trade Agreement is expected to be signed in December this year and put into effect in early 2027, once the European Parliament passes it.
- Manuel Muñiz, former Secretary of State for Global Spain, said the deal should double trade, and about half of that increase will come from services.
- He also said the agreement will have a big impact on technology, and that there is an immense case for European companies to invest in India even though the deal has no investment chapter.
Actionable Advice for Taxpayers / Founders:If you sell to or buy from Europe, keep an eye on the deal's progress and review your services and technology offerings. Please speak to a tax or trade advisor before you plan any contracts or investments around it.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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