Vadodara: The signing of the Free Trade Agreement (FTA) between India and the European Union (EU) has been welcomed by traders in Gujarat's Vadodara, who see it as a positive development for domestic trade and exports. Ramesh Patel, Vadodara Trade Development Organisation President and Advisor to Confederation of All India Traders (CAIT) Gujarat, said the agreement reflects India's evolving trade strategy amid tariff pressures from the US. Ahead of the Union Budget, the Vadodara Trade Development Organisation has placed its key demands before the government. In a meeting of traders and industry representatives, the association highlighted the need for tax relief to stimulate growth. The organisation has called for reductions in income tax rates, corporate tax relief, and special incentives for the MSME sector.