What is a Free Trade Agreement? | Is FTA Really Beneficial for Indian Exports? | By Somya Ma’am

What is a Free Trade Agreement (FTA)? Is FTA really beneficial for Indian exports? 🔥 Latest India-EU FTA 2026 Analysis by Somya Ma’am – On 27 January 2026, India and the European Union (27 countries) concluded the "Mother of All Deals" – a landmark FTA giving preferential access to 99%+ of Indian exports (zero/reduced tariffs on textiles, gems & jewelry, leather, pharma, marine products, chemicals etc.). Expected to boost Indian exports by ₹6.4 lakh crore+, create millions of jobs in labour-intensive sectors, and help diversify from US tariffs/China dependence! In this video, Somya Ma’am explains: ✅ What is FTA? Definition, Types (Bilateral, Multilateral, PTA vs FTA vs CEPA) ✅ How FTA Works: Tariff cuts, market access, rules of origin ✅ Benefits for Indian Exports: Massive growth in textiles ($7B to $30-40B potential), MSME boost, investment inflow, supply chain diversification ✅ Drawbacks & Challenges: Non-tariff barriers (EU standards, Carbon Border Adjustment Mechanism - CBAM), import competition, impact on sensitive sectors (agriculture, dairy) ✅ India-EU FTA 2026 Highlights: 97% tariff lines preferential, implementation expected in 2026, complements deals with UAE, Australia, UK, EFTA ✅ Is FTA Really Beneficial? Pros vs Cons + Real Impact on Economy & Jobs Perfect for UPSC, SSC CGL, Banking, Economy Current Affairs preparation! Watch till the end for key insights & exam tips. Like 👍, Share, Subscribe 🔔 Bell Icon for more Economy & Current Affairs classes by Somya Ma’am! #fta #freetradeagreement #indiaeufta2026 #indianexports #economy2026 SSC Exam Preparation : https://forms.gle/KhVUtCrmd7rEURmG7 ******************************************************** ✅For Admission Enquiry Call at - 9266843247 ******************************************************** 📌Check Out our Courses: ✅ SSC MahaPack:- https://applink.adda247.com/d/O2JiMZOBb3 ✅ RRB NTPC Batch:-https://applink.adda247.com/d/r8bOmWXw6u ✅ RRB Group D Batch :-https://applink.adda247.com/d/nKuglr9Cr4 ✅ SSC CHSL Foundation :-https://applink.adda247.com/d/m5ENsOatXD ✅ CGL Target Batch:- https://applink.adda247.com/d/eJKYwrGN8c ******************************************************** 📌Check Out our Test Series: ✅Test Prime:- https://applink.adda247.com/d/SSCTEST... ******************************************************** 📌 Download our Adda247 App:- https://applink.adda247.com/d/38r6x68q3a ******************************************************** 📌 Follow us on Social Media:- ✅ Visit our SSC Adda website: http://bit.ly/2CidhNX ✅ Facebook Page: http://bit.ly/2PKGyJc ✅ Twitter: http://bit.ly/2r12JRx ✅ Instagram: http://bit.ly/2rMVMDF ✅ SSC Telegram Channel:- https://t.me/sscadda_official ******************************************************** #SSCAdda247 #SSCAdda247Classes #SSCAdda247Live