India signs an FTA with the EU. On January 27, India and the EU announced signing of an agreement that would lead to a significant lowering of tariffs in their bilateral trade. This may lead, among others, to rising exports of European goods such as vehicles and processed food to India, as well as of imports of Indian textiles into the EU. In other news, significant disturbances occurred in India’s neighbourhood: in the final day of January, Pakistani forces clashed with Balochi separatists. Pakistan’s interior minister accused the New Delhi government of being behind the attacks. At the time of writing, the Indian government has not issued any counterclaim to this accusation, but it is obvious that it will refute it. Download the entire January compilation with commentary here.