The EU-India trade agreement, which has been agreed in outline between the two sides, is an important political signal. It is also important economically, though trade with India is relatively limited and, if the agreement is voted through, is likely to rise only gradually. The EU/US trade deal, agreed in outline last year, was itself threatened by Trump’s recent plan to impose tariffs over Greenland and it remains to be seen if it is finally agreed and implemented. For Ireland, trade diversification is important. The Coalition has welcomed the India deal, in contrast to its stance on Mercosur.

Source: The Irish Times January 27, 2026 22:07 UTC