Strap
A historic breakthrough: India and the EU have officially signed the FTA conclusion document, uniting 2 billion consumers in a massive free trade zone. By sidestepping “mixed competence” hurdles, the deal heads for rapid implementation, slashing tariffs on cars, textiles, and tech
In a milestone described as the “mother of all deals,” India and the European Union have officially signed the conclusion document for their Free Trade Agreement (FTA) on Tuesday. The announcement was made at Hyderabad House following a high-level summit between Prime Minister Narendra Modi, European Commission President Ursula von der Leyen, and European Council President António Costa.
The agreement marks the end of nearly 20 years of intermittent negotiations and creates a free trade zone covering over 2 billion people, representing roughly 25% of global GDP.
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