India EU Deal Update Live: बन गई बात | India European Union ‘Mother of all deals' | PM Modi | EU FTA

Описание: India EU Deal Update Live: बन गई बात | India European Union ‘Mother of all deals' | PM Modi | EU FTA | India and European Union conclude free trade agreement talks | Ursula von der Leyen


India and the European Union have concluded negotiations on their long-pending free trade agreement (FTA). The deal is set to be formally announced on Tuesday, India’s trade secretary Rajesh Agrawal said on Monday. The agreement will be formally signed only after the legal scrubbing of the text.

This is a standard process to check consistency and legal compliance before the pact is inked. Agrawal made the comments in a statement reported by Reuters. On Sunday, both India and the EU had already indicated that negotiations were close to completion.

‘Mother of all deals’
Commerce Minister Piyush Goyal said India and the EU are committed to a strong and mutually beneficial trade agreement that will help businesses and people on both sides. “Pleased to agree that sustained & constructive engagement between us & our teams over the past year has brought us closer to a fruitful outcome,” Goyal said in a post on X, replying to EU trade commissioner Maros Sefcovic.

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