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European Commission President Ursula von der Leyen announced at the World Economic Forum that the EU is close to finalizing a significant free trade agreement with India, often referred to as the 'mother of all deals.' This agreement is poised to create a market encompassing 2 billion people and significantly impact global trade dynamics, although some technical hurdles remain.
European Union (EU) chief Ursula von der Leyen and Indian Prime Minister Narendra Modi arrive for a photo opportunity ahead of their meeting at the Hyderabad House in New Delhi, India, on February 28, 2025. (
Credit: Altaf Hussain/Reuters)
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