A landmark Free Trade Agreement (FTA) between the EU and India is now concluded — after nearly 20 years of negotiations, accelerated by global trade shifts including Trump's tariff policies.
This massive pact creates a free trade zone spanning 2 billion people, covering nearly 25% of global GDP and about one-third of world trade. It's a true game-changer for economies on both sides.
Ursula von der Leyen (@vonderleyen), President of the European Commission, declared in New Delhi:
“Europe and India are making history today. We have concluded the mother of all deals. We have created a free trade zone of two billion people, with both sides set to benefit. This is only the beginning. We will grow our strategic relationship to be even stronger.”
Prime Minister Narendra Modi (@narendramodi) echoed the excitement, calling it India's biggest and most historic FTA ever:
“Some people are calling it the mother of all deals.”
This agreement will unlock major opportunities for India's manufacturing, services, farmers, MSMEs, and youth — boosting jobs, investments, and global supply chains.
Key wins include slashing tariffs to zero (or near-zero) on the vast majority of goods (around 96-99% by value), doubling EU exports to India by 2032, saving billions in duties, and strengthening ties in tech, clean energy, defense, and more.
A strategic masterstroke in a turbulent world — Europe and India standing taller together!
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