Swing Trading 101
Swing Trading 101

No duty cut by India on dairy, rice, wheat, pulses, tea, coffee under FTA with EU

The country has also safeguarded sensitive sectors, including beef and poultry, fish and seafood, cheese, maize, corn, fruits and vegetables, nuts, edible oils, spices and tobacco, the ministry said.

January 28, 2026 / 18:09 IST
India EU FTA

New Delhi, Jan 28 India has fully protected its sensitive sectors such as dairy, rice, wheat, pulses, tea, and coffee by not granting any import duty concessions to the European Union (EU) under the bilateral free trade agreement, according to the commerce ministry.

The country has also safeguarded sensitive sectors, including beef and poultry, fish and seafood, cheese, maize, corn, fruits and vegetables, nuts, edible oils, spices and tobacco, the ministry said.

The move is important as it involves the livelihood of small and marginal farmers.

India has never granted duty benefits in the dairy sector in any of its previous free trade agreements (FTAs).

"We will always protect this segment," an official said.

India and the EU concluded negotiations for the FTA on Tuesday. It is likely to be signed and implemented this year only.

The EU, too, has excluded certain sectors from the ambit of this pact.

The 27-nation bloc is safeguarding items such as meat and meat offal, dairy products, honey, rice, sugar, and tobacco.

As per the agreement, several Indian agricultural goods will get duty concessions in the EU markets, which will help boost the country's exports.

India is getting preferential market access to about 87 per cent of tariff lines or product categories of agri goods such as tea, coffee, spices, and table grapes.

PTI
first published: Jan 28, 2026 06:09 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347