Global Trade & Exports
Weekly Roundup
Weekly Brief — Global Trade & Exports
India-EU FTA Push and Critical Customs Duty Waivers
This report covers Trade Policy, Export Incentives, Customs Duty, and FTAs from June 08, 2026, to June 15, 2026. Major findings include a significant retrospective customs waiver for nuclear power, extension of protective duties on aluminium, and high-level diplomatic momentum for the India-EU Free Trade Agreement.
Key Statistics
| ₹10 per Litre | ₹1 Lakh Crore | 18 FTAs |
|---|---|---|
| Reduction in Petrol/Diesel Excise Duty | Outlay for Viksit Bharat Rozgar Yojana | India's current trade agreement network |
Weekly Executive Summary
- Retrospective Customs Regularization: The Ministry of Finance issued a critical waiver for nuclear power generation equipment, clearing duties accrued between 2019 and early 2026.
- Trade Protectionism: Anti-dumping and countervailing duties on aluminium products (foil and wire) were extended to safeguard domestic manufacturers until late 2026.
- FTA Momentum: India and France have committed to doubling bilateral trade within five years, prioritizing the "early implementation" of the India-EU FTA.
- Export Competitiveness: The government reinforced the roles …
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