CBC: Both Indian Prime Minister Narendra Modi and Ursula von der Leyen, president of the European Commission, called it “the mother of all deals.”
Modi also emphasized the trade agreement is the largest and most comprehensive that India has ever signed, representing a third of all global trade.
The free trade deal cuts tariffs on nearly 97 per cent of European goods by value imported to India, and it’s expected to double EU exports to the South Asian country by 2032…
Politico: Under the deal, India will lower tariffs on European cars and wine, while the EU signaled it would assist Indian companies with decarbonization and negotiate duty-free quotas for Indian steel…
BBC: The EU and India are not alone in looking to hedge their bets when it comes to the US – the free trade agreement (FTA) in Delhi was secured amid a flurry of countries striking deals and patching things up as they try to cope with global unpredictability…
Reuters: The two-decade-long EU–India trade talks gained momentum after Washington imposed a 50% tariff on some Indian goods, and as U.S. allies pushed back against President Donald Trump’s tariff threats and his bid to take over Greenland…
EU–India free trade deal explained: Why it matters for growth and jobs