India, Jan. 27 -- The Government of India has issued a release:

India and the European Union (EU) announced the conclusion of negotiations for a Free Trade Agreement (FTA), an important milestone in one of India's most strategic economic partnerships. Designed as a modern, rules-based trade partnership, the FTA responds to contemporary global challenges while enabling deeper market integration between the world's 4th and 2nd largest economies.

The FTA unlocks access to the $572.3 billion EU pharmaceuticals & medical devices market giving impetus to the Indian Pharmaceuticals sector. This would enable Pharma industries to scale, generate employment, and reinforce India's positioning as a reliable partner in the pharmaceuticals sector under...