Browsing: India EU FTA

The Gem & Jewellery Export Promotion Council (GJEPC) welcomes the elimination of import duties on Indian gem and jewellery products under the India-EU Free Trade Agreement (FTA). This removes 2-4% duties on precious jewellery, unleashing huge export potential with the 27-member EU bloc—home to the world’s elite buyers. 

Prime Minister Narendra Modi, while addressing the nation, announced the signing of the India–European Union Free Trade Agreement (FTA). He congratulated stakeholders from the gems and jewellery industry, highlighting the new opportunities the agreement will unlock for the sector and the country at large.

With the India-EU Free Trade Agreement (FTA) negotiations nearing conclusion and the upcoming India-EU Summit in New Delhi on 27th January 2026, the Gem & Jewellery Export Promotion Council (GJEPC) has been consistently urging the Govt. to negotiate duty free  market access for Indian made jewellery exports to EU. With the gold/silver prices at an upsurge, this will give very significant market advantage to Indian made products.