India Got A Good FTA With EU, Says American Trade Representative

Last Updated:January 28, 2026, 09:23 IST

US Trade Representative says India emerged as a major winner in its trade deal with the European Union, gaining market access and immigration opportunities to Europe.

PM Narendra Modi and European Commission President Ursula von der Leyen during the India-EU Business Forum, in New Delhi on January 27, 2026. (Image: PMO/PTI)

The United States on Wednesday said India had emerged as a major winner from its trade deal with the European Union, with US Trade Representative Jamieson Greer saying New Delhi had secured significant gains in market access and immigration opportunities.

“India has come out on top in this deal. They get more market access and immigration to Europe. India is going to have a heyday with this," Greer said.

Geer On India Tariffs

The United States has said that additional punitive tariffs on Indian imports remain in place despite what it described as progress by New Delhi in reducing purchases of Russian crude oil. In an interview with Fox Business, US Trade Representative Jamieson Greer said India had “made a lot of progress" on cutting back its Russian oil imports but confirmed that the extra 25% duties, taking total tariffs on Indian goods to 50%, were still being enforced.

Greer said it would be “hard" for India to completely sever energy ties with Russia, noting that New Delhi continues to benefit from discounted crude.

“They like the discount that you get from Russian oil," he said, adding that Washington was closely monitoring India’s actions. He also said he remained “in frequent contact" with his Indian counterpart, understood to be Commerce and Industry Minister Piyush Goyal.

Despite describing his relationship with the Indian trade leadership as positive, Greer stressed that the US was continuing to keep a close watch on India’s Russian oil purchases. His comments contrast with remarks made earlier by US Treasury Secretary Scott Bessent at Davos 2026, where Bessent suggested that tariffs on Indian goods could be reduced at a later stage.

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