European CommissionJan 27

EU 🤝 India

We’ve just concluded negotiations on our biggest ever free trade agreement, with India.

What does this mean?
🔸 The world’s biggest free trade zone, covering 2 billion people
🔸 Unmatched access for EU companies to India’s fast-growing economy
🔸 Tariff cuts on 96.6% of EU goods, saving EU businesses €4 billion every year
🔸 Stronger ties between the world’s two largest democracies

A win for people, growth, and global partnership.

More: https://link.europa.eu/qyprBJ

Show threadJoĂŁo SantosJan 27

@EUCommission

> Tariff cuts on 96.6% of EU goods, saving **Indian citizens and businesses** €4 billion every year

Please don't use Trumpisms on your communication

Show threadBeady Belle FanchannelJan 27
@jmcs @EUCommission It’s not really relevant, if India had Wine tariffs of 150% and they get reduced to 75%, that effectively means you can sell the wine cheaper, leading to more being sold. you can’t “save” on tariffs anyway, it’s a meaningless phrase in this context
Show threadAngelinaJan 27
@Profpatsch @jmcs @EUCommission Wine, the more expensive, the better it sells. Customs duties have never impacted its sales.
Show threadBeady Belle FanchannelJan 27
@Angelina What kind of backward-logic is that? Of course the $15 wine is gonna sell better at $15 than at $40. And it’s gonna matter if $25 of that are gonna go to the customs authorities or the French company selling it.
Show threadAngelinaJan 27
@Profpatsch Wine is a luxury product. Most buyers are content to look only at the price, saying that the more expensive, the better their image will be with their guests. They know nothing at all about oenology.
Show threadBeady Belle FanchannelJan 27
@Angelina It does not matter to my argument, just replace it with any kind of non-luxury product on the list. Please.
Show threadAngelinaJan 27
@Profpatsch So the wine does not fit into your argument. 🤷‍♀️
Show threadBeady Belle FanchannelJan 27
@Angelina you are extremely annoying, go away
Show threadAngelina
@Profpatsch I just live in a very wine-growing region, and we all do like that, because that’s how it works. 🤷‍♀️
Jan 27 at 1:12pmWeb