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Economy

India, EU on the cusp of ‘Mother of all Deals,’ says Ursula von der Leyen

India and the European Union are nearing a significant trade agreement, referred to as the 'mother of all deals,' which is expected to create a market of 2 billion people and account for nearly a quarter of the global GDP, according to European Commission President Ursula von der Leyen. Speaking at the World Economic Forum, she noted that this deal would enhance the global standing of both parties in the 21st century.

Central India's Premier English Daily

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

  • The trade agreement could create a market of 2 billion people.
  • It is projected to account for almost a quarter of global GDP.
  • Ursula von der Leyen plans to travel to India to further discussions.
  • The agreement is seen as providing a first-mover advantage for Europe.
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Sources

  1. India, EU on the cusp of ‘Mother of all Deals,’ says Ursula von der Leyen

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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