{"id":21934,"date":"2026-01-27T11:49:44","date_gmt":"2026-01-27T11:49:44","guid":{"rendered":"https:\/\/businessprofittoday.com\/index.php\/2026\/01\/27\/india-eu-complete-trade-deal-covering-25-of-global-gdp-says-modi\/"},"modified":"2026-01-27T11:49:44","modified_gmt":"2026-01-27T11:49:44","slug":"india-eu-complete-trade-deal-covering-25-of-global-gdp-says-modi","status":"publish","type":"post","link":"https:\/\/businessprofittoday.com\/index.php\/2026\/01\/27\/india-eu-complete-trade-deal-covering-25-of-global-gdp-says-modi\/","title":{"rendered":"India-EU complete trade deal covering 25% of global GDP, says Modi\u00a0"},"content":{"rendered":"
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India and the European Union have concluded a long-awaited free trade agreement, says Indian Prime Minister Narendra Modi, marking a significant shift in global trade ties as both sides seek to hedge against growing geopolitical and tariff-related uncertainty linked to the United States.<\/p>\n

Modi described the pact as a \u201clandmark\u201d agreement and \u201cthe mother of all deals\u201d during a speech at India Energy Week on Tuesday. <\/p>\n

The agreement follows nearly two decades of intermittent negotiations and is expected to create one of the world\u2019s largest free trade areas.<\/p>\n

A trade bloc spanning a quarter of the global economy<\/h2>\n

The India\u2013EU free trade agreement represents about 25% of global GDP and roughly one-third of global trade, according to Modi. <\/p>\n

\u201cYesterday, a big agreement was signed between the European Union and India,\u201d he said. <\/p>\n

\u201cPeople around the world are calling this the mother of all deals. This agreement will bring major opportunities for the 1.4 billion people of India and the millions of people in Europe.\u201d<\/p>\n

The deal is expected to forge a combined market of around 2 billion people at a time when global trade relationships are under strain. <\/p>\n

Modi said the agreement would be particularly supportive of Indian sectors such as textiles, gems and jewelry, leather, and footwear. <\/p>\n

\u201cI congratulate our colleagues associated with every sector, such as textiles, gems and Jewelry, leather and shoes. This deal will prove to be very supportive to these sectors,\u201d he said.<\/p>\n

European Commission President Ursula von der Leyen confirmed the agreement on Tuesday, describing it as a historic milestone in EU\u2013India relations.<\/p>\n

\u201cEurope 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,\u201d von der Leyen said in a post on social media platform X.<\/p>\n

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Ursula von der Leyen<\/span><\/div>\n
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@vonderleyen<\/span><\/a><\/p>\n
\u00b7<\/span>Follow<\/a><\/div>\n<\/div>\n<\/div>\n

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Europe and India are making history today.<\/p>\n

We have concluded the mother of all deals.<\/p>\n

We have created a free trade zone of two billion people, with both sides set to benefit. <\/p>\n

This is only the beginning.<\/p>\n

We will grow our strategic relationship to be even stronger.<\/span><\/p>\n

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12:15 PM \u00b7 Jan 27, 2026<\/a><\/a><\/div>\n
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24.9K<\/span><\/a><\/p>\n

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