India & EU Game Changing Deal
Автор: VKINFO
Загружено: 2026-01-27
Просмотров: 50
Описание: India and the European Union have concluded the "mother of all deals", a historic free trade agreement following nearly two decades of negotiations. This landmark pact covers a market of two billion people and aims to slash tariffs on roughly 97% of goods, significantly lowering the cost of European luxury cars, wines, and processed foods for Indian consumers. In exchange, India gains duty-free access for its textile, leather, and gem exports, while securing a critical framework for skilled worker mobility and professional recognition. Beyond commerce, the agreement establishes a security and defense partnership focusing on counter-terrorism and maritime safety, alongside a €500 million commitment from the EU for green energy initiatives. Analysts view this strategic realignment as a vital effort by both powers to diversify supply chains and protect their economies against rising global trade tensions and unilateral tariffs. Although the deal must still undergo legal vetting and parliamentary ratification, it signals a profound shift toward geopolitical autonomy and deeper economic integration between the two giants.
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