ReferIndia News EU suspends GSP export benefits; to impact India's shipments

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EU suspends GSP export benefits; to impact India's shipments

Published on: Jan. 23, 2026, 4 a.m. | Source: Daily Excelsior

NEW DELHI, Jan 22: The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential scheme for India and two other countries from January 1, a move that will impact the country’s shipment to the 27-nation bloc. The development is important as the two sides are likely to announce the closure of negotiations for a free tarde agreement (FTA) on January 27. According to the Official Journal of the European Union, the European […]

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