News DeskLast Updated: 21 January 2026, 06:50 AM ISTShare EU and India are close to a historic trade agreement, dubbed the ‘mother of all deals’. Prime Minister Narendra Modi with President of the European Commission Ursula von der Leyen | File photo: PTIDavos: European Commission President Ursula von der Leyen on Tuesday stated the European Union is close to finalising a Free Trade Agreement with India and noted that some describe it "the mother of all deals". Addressing the World Economic Forum in Davos, she stressed Europe's intent to expand trade and international cooperation.