Europe
Financial Times
· Daily newspaper
Trade
5 May 2026
EU offers India a 'Connectivity Plus' deal to unlock the stalled FTA
Victor Mallet · Europe Correspondent
Brussels is floating a novel framework bundling the long-stalled FTA with infrastructure financing under the Global Gateway initiative — offering India preferential funding for port modernisation and green energy projects in exchange for accelerated tariff concessions. Senior EU trade officials believe the package approach could break the decade-long deadlock, though New Delhi warns that linking aid to trade terms risks replicating conditions India rejected in earlier WTO rounds.