On this Special Report, the focus is on the imminent conclusion of a landmark Free Trade Agreement (FTA) between India and the European Union. European Commission President Ursula von der Leyen, speaking at the World Economic Forum in Davos, stated, ‘There’s still work to do, but we are on the cusp of a historic trade agreement. Indeed, some call it the mother of all deals.’ The proposed pact aims to create a market of nearly 2 billion people, accounting for a quarter of global GDP. Ursula von der Leyen and European Council President Antonio Costa are set to visit India as chief guests for Republic Day on 26th January. The deal is expected to be concluded during the India-EU summit with Prime Minister Narendra Modi on 27th January. Experts suggest the agreement provides a crucial alternative market amidst rising global trade tensions and US tariffs, while respecting India’s sensitivities in sectors like dairy and agriculture.
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