The EU-India trade deal was partly a geopolitical statement, directed towards Trump. But what’s actually in it? What were the toughest bits to agree, who gave up concessions, and what will the deal mean for the economies of India and the EU? Soumaya Keynes is back to chat to Nicolas Köhler-Suzuki, adviser for trade and economic security, Jacques Delors Institute, and Ajay Srivastava, founder of the Global Trade Research Initiative in Delhi, and a former trade negotiator.

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Further reading:

EU and India seal trade pact to slash €4bn of tariffs on bloc’s exports

Indian exporters seek new markets after Donald Trump’s trade blitz

EU leaders push to implement Mercosur trade pact

Presented by Soumaya Keynes. Produced by Josh Gabert-Doyon, Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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How big a deal is the EU-India trade agreement? With Nicolas Köhler-Suzuki and Ajay Srivastava

The Economics Show