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India and European Union (EU) by 27 January 2026 a big one to Free Trade Agreement (FTA) announced, which the head of the EU Commission Ursula von der Leyen “Mother of All Deals” i.e biggest trade deals As told. this announcement Prime Minister Narendra Modi And took place in the presence of top EU officials.

Ursula von der Leyen said that this agreement two huge economic sectors — between India and EU win-win partnership This is a new chapter. According to him, this trade agreement is almost Will reduce or eliminate import duties worth 4 billion euroswhich will bring huge benefits to businesses on both sides and further strengthen supply chains.

Prime Minister Modi signed this agreement The largest free trade agreement in the history of India told and said that this A New Framework for Shared Prosperity Presents. He stressed that it is “not just a trade agreement but a platform that opens up new opportunities for development and investment for both partners”.

Key benefits of the agreement

• About Goods with 99% Indian export value will enter EU without custom dutywhich will help India in categories like textiles, leather, marine products and gems and jewellery. special benefits will get.

• EU side also for its products in India will reduce or eliminate tariffswhich will increase the competition of machinery, chemicals and industrial goods.

• The scope of trade between India and EU is approximately 2 billion people and about 25% of world GDP But will reach.

further process

This agreement is currently declaration level But it has happened. from both sides Legal Testing and Approval (Policy Validity Check) After it formally About 5–6 months to heal More may take place. After this Could be implemented by 2027.

Analysts believe that this agreement will not only India-EU will deepen economic partnershipbut also in the global trading system new mobility will also bring, especially at a time when trade barriers and protectionist measures are being taken across the world.