- At the India–EU summit in New Delhi, European Commission President Ursula von der Leyen—a 2020 World Leader for Peace and Security Award recipient—and European Council President António Costa underscored a renewed push to conclude the long-negotiated EU–India free trade agreement, described by EU officials as the “mother of all deals.”
- The summit reflects a broader effort to deepen cooperation across trade, technology, investment, and supply-chain resilience as both sides navigate a more fragmented global economy.
- Economic stakes are substantial: EU figures cited in coverage put EU–India goods trade at ~€120 billion (2024) and services trade at ~€60 billion.
- Key sticking points reportedly remain, including the EU’s carbon border measures and regulatory standards that affect sectors such as pharmaceuticals and automobiles.
- If finalized, the agreement would represent a major geopolitical and economic milestone, expanding market access and shaping higher-standard rules for technology, sustainability, and trusted supply chains.
A successful EU–India trade deal would strengthen one of the world’s most consequential democratic partnerships—linking markets and standards in a way that could influence global rules for technology, climate-related trade measures, and resilient supply chains.
Please see full here: https://www.thehindu.com/news/international/india-eu-delhi-summit-ursula-von-der-leyen-trade-deal/article70548659.ece
