India-EU Seal "Mother of All Deals": Free Trade Agreement Concluded After Two Decades
India
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News18•27-01-2026, 11:05
India-EU Seal "Mother of All Deals": Free Trade Agreement Concluded After Two Decades
- •India and the EU have concluded negotiations on a Free Trade Agreement (FTA) after nearly two decades of talks, aiming to reshape economic ties.
- •The pact, dubbed the "mother of all deals," is expected to be formally announced at the India-EU summit in New Delhi.
- •Key elements include significant tariff reductions, with India lowering duties on European cars and wine, and the EU easing access for Indian textiles, pharmaceuticals, and electronics.
- •The agreement has major implications for the auto sector, potentially reducing tariffs on EU-made cars to around 40%, benefiting brands like Volkswagen and BMW.
- •Beyond trade, the deal is linked to a broader strategic agenda and a Security and Defence Partnership, covering maritime cooperation and cybersecurity.
Why It Matters: India and the EU have finalized a landmark FTA, promising vast economic opportunities and deeper strategic cooperation.
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