India-EU FTA: 7 million jobs, IMEC push and 25% of global trade; all about the ‘mother of all deals’

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Union Minister of Commerce and Industry, Piyush Goel, hailed the conclusion of the historic Free Trade Agreement (FTA) between India and the European Union. He said the breakthrough comes after 20 years after over 16 rounds of negotiations. Minister Goel said the efforts to push the deal through were aborted in 2013 but the Modi government relaunched negotiations in mid-2022.