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Economy

'Mother Of All Deals': EU Chief Says They Stand On 'Cusp Of Historic Trade Deal' With India

European Commission President Ursula von der Leyen announced that the EU is on the verge of finalizing a Free Trade Agreement with India, termed the 'mother of all deals.' This agreement is expected to create a combined market of nearly 2 billion people and represent almost a quarter of the global GDP, emphasizing the importance of enhanced trade and cooperation between the two regions.

'Mother Of All Deals': EU Chief Says They Stand On 'Cusp Of Historic Trade Deal' With India

Credit: Timesnownews

Key Highlights

  • The EU is nearing a historic Free Trade Agreement with India.
  • The deal is expected to unite nearly 2 billion people.
  • The agreement could account for approximately 25% of global GDP.
  • Ursula von der Leyen is scheduled to visit India next weekend.
  • The negotiations have intensified to strengthen trade relations.
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Sources

  1. 'Mother Of All Deals': EU Chief Says They Stand On 'Cusp Of Historic Trade Deal' With India
  2. India’s biggest trade gamble yet: How the EU pact unlocks a 2-billion-people market

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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