Download "India ROCKS! 2 BILLION People & ‘ONE’ Deal! HUGE Trade Deal Between INDIA & EU- FTA #shorts"
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India and the European Union are very close to finalising a major Free Trade Agreement (FTA) after nearly 20 years of talks and negotiation. Leaders from both sides have described this upcoming pact as historic and extremely significant — so much so that it’s been nicknamed the “Mother of All Deals.” This trade deal aims to greatly reduce barriers like tariffs and customs duties between India and the EU, making it easier and cheaper for companies on both sides to sell their goods and services to each other. If signed, it would link two huge markets that together include about 2 billion people and represent almost a quarter of the world’s economic output — making it one of the biggest trade agreements in recent history. India’s leaders see the deal as a big opportunity to expand exports, attract new investment, and deepen economic ties with European countries. EU leaders also see it as a way to engage more closely with one of the fastest-growing major economies and diversify their trade partnerships amid global uncertainty. The two sides are expected to formally agree on this deal around the time of the India-EU Summit later this month in New Delhi, where leaders from Europe will attend India’s Republic Day celebrations and meet Indian officials to move the final steps forward. Calling it the “Mother of All Deals” reflects the scale and importance of the agreement for both India and Europe, and how it could reshape trade patterns by significantly boosting market access and cooperation between the two economies. Subscribe for more educational content and unlock knowledge every day with FactTechz!
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