Union Minister Piyush Goyal has set the stage for a high-stakes economic partnership, reaffirming India’s commitment to crafting a Free Trade Agreement (FTA) with the European Union. And it’s not just talk—this pact is aimed to be ambitious, balanced, and, most importantly, a win-win for both sides. India-EU trade numbers already speak volumes. With $137.41 billion in goods trade and $51.45 billion in services trade in 2023-24, the EU isn’t just a trading partner—it’s India’s biggest one. Goyal underscored how an FTA could turbocharge these numbers, giving India’s exports a much-needed boost and making global supply chains more robust. The European delegates were equally bullish, highlighting untapped opportunities and pointing to the India-EU Trade and Technology Council—a rare, strategic collaboration that India otherwise shares only with the U.S.