We Did Mother Of All Deals: EU Chief Hails India's Global Importance After Finalising India-EU Deal

Описание: 'We Did Mother Of All Deals': EU Chief Hails India's Global Importance After Finalising India-EU Deal

European Commission President Ursula von der Leyen signed the landmark India-EU Free Trade Agreement during her three-day visit to New Delhi on January 27, 2026, hailing it as the "mother of all deals" that unites two massive economies for unprecedented growth and stability. The pact, finalised after years of negotiations, promises significant tariff reductions, boosted investments, and deeper cooperation in technology, green energy, defence, and critical supply chains. Von der Leyen delivered a speech on the endorsement of India's rise, stating, "India has risen, and Europe is truly glad about it because when India succeeds, the world is more stable, more prosperous and more secure, and we all benefit." The signing coincided with Republic Day celebrations, where she was the chief guest, underscoring the strategic importance of the partnership amid global economic shifts and Europe's push to diversify away from over-reliance on China.

Prime Minister Narendra Modi welcomed the agreement as a mutual victory, emphasising shared values, job creation, and India's ambition to become a trillion-dollar export powerhouse. The deal opens vast opportunities for Indian businesses to access the EU's 450-million-strong high-income market while offering Europe greater access to India's resources, services, and manufacturing base. Experts view it as a geopolitical masterstroke that strengthens Indo-European ties, enhances supply chain resilience, and sets a new benchmark for bilateral trade in a multipolar world.

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