- The EU and India have finalized a free trade agreement after negotiations started in 2007.
- The deal will significantly reduce or eliminate tariffs on a large percentage of goods traded between the EU and India, including cars and wine.
- This agreement, impacting roughly 2 billion people, aims to strengthen cooperation and diversify trade for both economies.

A: Hey! Did you hear about the news? It's pretty big!

B: No, what happened? Tell me!

A: The EU and India just finished talking about a trade deal! It’s been in the works since 2007! Crazy, right?

B: Wow! 2007?! That’s a long time! What does it mean?

A: Basically, they're going to make it easier to trade stuff. Tariffs - those taxes on imports - will go down a lot.

B: Like, what kind of stuff?

A: Well, for the EU, it's a lot of their goods! Like 96.6% of what they export to India. Cars, wine... everything! They'll pay less tax.

B: And for India? What about them?

A: India will get cheaper clothing, seafood, jewelry... stuff like that sold to the EU.

B: So it's good for both sides?

A: Yeah! They say it will create a free trade zone for about 2 billion people!

B: That’s huge! Do you think this is because of what’s happening with the US? I remember Trump putting up tariffs...

A: Totally! Maybe they want to trade with each other more, without relying so much on the US. They are trying to diversify.

B: Makes sense. Sounds like a good partnership! A way to work together, right?



A: Exactly! They said cooperation is the best answer to big problems in the world.