This special report examines the impending landmark trade agreement between India and the European Union, described as the ‘mother of all deals’. Following meetings between EU Chief Ursula von der Leyen, the European Council President, and India’s External Affairs Minister, the focus shifts to a crucial summit with Prime Minister Narendra Modi. The speaker notes that ‘India and Europe have sent a clear signal to the world they are choosing dialogue, strategic partnership and openness over the conflict’. The programme highlights how this deal aims to boost mutual resilience, diversify supply chains away from China, and provide the EU access to India’s 1.4 billion-strong market. While agriculture remains a sensitive sticking point, the agreement is expected to lower tariffs in sectors like automobiles, pharmaceuticals, and textiles. Additionally, the report discusses the potential revival of the India-Middle East-Europe Economic Corridor (IMEC) as a strategic priority for both regions in the 21st century.
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