Mumbai, June 21 (SocialNews.XYZ) India and the European Union (EU) are expected to sign their long-awaited free trade agreement (FTA) by December this year, with the pact likely to come into force by February-March 2027, Union Minister of Commerce and Industry Piyush Goyal said on Sunday. Addressing chartered accountants at an event here, the minister said the agreement would significantly enhance India's access to the European market by reducing tariffs on a wide range of goods. "Now, with almost zero duty, almost the entire European market will be open for us.