CEOE urges Spanish companies to take advantage of the historic EU-India agreement

 

The signing of the EU-India Free Trade Agreement Last January opened a new growth scenario for the Spanish productive sector. During an official trip to India, the CEOE has urged companies to take advantage of the removal of trade barriers to strengthen their presence in the Asian market.

 

Tariff liberalization and economic complementarity

 

In the framework of the celebration of Spain-India Dual Year 2026, the president of the International Relations Commission of CEOE, Marta Blanco, was part of the Spanish delegation headed by the Prime Minister, Pedro Sánchez. In this context, Blanco He emphasized that the new trade agreement "It liberalizes more than 90% of tariffs between the two regions, benefiting both Indian and Spanish companies.".

 

Currently, there are more than 250 Spanish companies established in the Asian country. Trade data reflects a positive trend with an increase of 3% in exports and the 2% in imports, consolidating India as a priority and highly complementary market for the economy of España.

 

Commercial Indicator	Detail / Value
Spanish companies established	More than
Export growth	3%
Import growth	2%
Tariff liberalization	Over 90%
Upcoming Event	March 10 (CEOE and Embassy of India)

 

New niches: Technology, Defense and Artificial Intelligence

 

Beyond the traditional sectors, the employers' association is focusing on the pharmaceutical and chemical industry, as well as in technological exportsOf particular relevance is the Security and Defense Association signed between the Unión Europea e India, which will allow collaboration in cutting-edge technological areas.

 

• Maritime safety and protection of critical infrastructure.
• Development and application of the Artificial Intelligence (AI) in productive sectors.
• Cooperation in ciberseguridad and fight against terrorism.
• Sector exploration policy and the Defense Industrial Corridor of the India.

 

To delve deeper into these business avenues, the next March 10., CEOE and indian embassy They will hold a meeting where companies can meet with representatives of India's Defense Industrial Corridor.

 

Strategic alliances in third-party markets

 

El Spain-India Dual Year 2026 It seeks not only bilateral exchange, but also joint projection towards regions such as Latin America or Indo-Pacific. By Marta BlancoThe creation of these alliances allows combining strengths to obtain positive results in markets with great potential.

 

The delegation was also accompanied by the Ministers of Agriculture, Fisheries and Food, Luis Planasand for Digital Transformation and Public Service, Óscar López, reinforcing the multi-sectoral nature of the mission.

 

Key points and frequently asked questions about the Spain-India agreement

What percentage of tariffs is eliminated under the new agreement?

The Free Trade Agreement liberalizes more than 90% of the tariffs between Unión Europea e Indiafacilitating the flow of goods and services.

Which sectors are considered priorities for technological investment?

The following stand out: Artificial IntelligenceCybersecurity, the protection of critical infrastructure and the defense industry, in addition to the pharmaceutical and chemical industries.

What is the objective of alliances in third-party markets?

Combining the experience of Spanish and Indian companies to operate jointly in strategic regions such as Latin America and the Indo-Pacific.