Enlargement of EU

The latest expansion of the European Union (EU) has significant implications, particularly in terms of market access, for developing countries like India. There is a general apprehension that intraregional trade among the EU countries is likely to increase making the EU more protectionist. A study finds that the net impact on India is likely to be positive as the level of common external tariffs of the EU are lower than the average nominal tariffs prevailing in the acceding countries, except for few products like textiles, organic chemicals, leather products, etc.