Editor’s Note
After nearly 20 years of talks, India and the European Union have finalized a landmark free trade agreement. This deal establishes a combined market of two billion people and is seen as a strategic move to lessen economic reliance on the United States.
Historic Deal Creates Vast Market
India and the European Union have reached a “historic” free trade agreement after nearly two decades of negotiations. The pact creates a market of 2 billion people and aims to reduce dependence on the United States.
Strategic and Economic Significance
The agreement is seen as a major strategic and economic milestone for both parties, facilitating trade and investment flows between one of the world’s largest democracies and a key economic bloc.