Page 60 - NIS English 16-28 Feb, 2026

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“MOTHER OF ALL DEALS”

A clarion call for a new

era in India-EU Relations

At a time when the global economy is witnessing major upheaval, the largest free trade
agreement (FTA) in history between India and European Union is set to play a crucial
role in bringing stability at the international level. The European Union is already
one of India’s largest trading partners. Bilateral trade between India and the EU has
been steadily growing, reaching ₹11.5 Lakh Crore in 2024-25. This agreement will not
only make bilateral trade smoother and more competitive but will also open up new
opportunities in investment, innovation, supply chains, and employment...

he historic free trade agreement between the Ursula von der Leyen. With this agreement, the world’s
world’s 2nd and 4th largest economies is signif- two largest democratic powers have added a decisive
icant in many respects. This agreement will not chapter to their relationship.
Tonly benefit the two billion people of India and The India-EU FTA will strengthen economic and stra-
the European Union but will also have a far-reaching tegic ties. It will provide easier access to the European
impact on other countries around the world. This land- market for Indian farmers and small industries. It will
mark agreement was signed in the presence of Prime create new opportunities in the manufacturing sector,
Minister Narendra Modi, European Council President strengthen cooperation in the services sector, generate
Antonio Costa, and European Commission President employment, and increase mobility for professional

58 NEW INDIA SAMACHAR || February 16-28, 2026