'Mother of all' trade deals signed between India and EU
India and the European Union announced a landmark trade deal after two decades of talks, creating a market of two billion people and aiming to strengthen ties against global economic pressures from the US and China. The agreement will cut or eliminate tariffs on nearly 97% of EU exports, potentially saving up to 4 billion euros annually. Leaders hailed the pact as a major opportunity for both economies, representing a significant share of global GDP and trade.
India and the European Union announced a landmark trade deal after two decades of talks, creating a market of two billion people and aiming to strengthen ties against global economic pressures from the US and China. The agreement will cut or eliminate tariffs on nearly 97% of EU exports, potentially saving up to 4 billion euros annually. Leaders hailed the pact as a major opportunity for both economies, representing a significant share of global GDP and trade.
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