95. GEO....The mother of all deals between INDIA & EU. A win for both sides and for the world.

INDIA and EU have concluded the mother of all deals.

A win for both sides and for the world.

Together, India and the EU are moving ahead with trust and ambition towards a prosperous as well as sustainable future! #IndiaEUTradeDeal.

A new benchmark in global trade. Under PM Modi’s leadership, the India–EU FTA has been signed! A total win for India's economy! Europe and India are making history today.

The EU and India concluded negotiations today for an ambitious, comprehensive free trade agreement. This agreement  created a free trade zone of two billion people, with both sides set to benefit.

This is the largest trade agreement that both the EU and India have ever concluded. This 'mother of all deals' will support our domestic manufacturing while connecting Indian producers to high-value European markets!

This is only the beginning.

When two major economies come together with trust and ambition, it means jobs, innovation, talent mobility, and sustainable growth.

India–EU partnership isn’t just a deal, it’s a roadmap to shared prosperity in the digital age. 

Instead of reacting defensively to US tariff pressure, India quietly built alternatives. One by one, trade corridors opened with Australia, the UAE, and European partners outside the EU, while talks deepened with the UK and beyond. 

This EU agreement is the largest and most strategic of them all, openly acknowledged by Europe as historic. This reflects a Prime Minister who prefers durable alliances over short term optics 

We will grow our strategic relationship to be even stronger. In 2024, top German luxury brands (Mercedes-Benz, BMW, Audi, Porsche) sold over 37,000+ units in India, that too while import tariffs are at 110%, if tariffs come these numbers can double in 2years. With the increasing income in India, there is a huge market for cars, wines, chocolates, olive oils, etc.

This landmark deal between the 2nd largest and 4th largest economies of the world promises to create unprecedented opportunities and open new avenues of growth as well as cooperation.

This deal will benefit the entire global community. 

It would help create quality jobs in key sectors, enable  further mobility for our youth, professional talent, students and researchers and unlock the potential of the digital age. Importantly, it will foster innovation and  strengthen economic ties for mutual growth.

The EU-India FTA, marks the biggest trade deal both sides have ever signed. Tariffs slashed on 96.6% of EU goods.

Tariffs on cars plunge from 110%→10%, wine from 150%→20%, olive oil to 0% over time. 

This is projected to lift EU exports by €4B+ yearly and support ~800k jobs, while opening services & strengthening IP/sustainability rules. This is surely and very strongly a bold step forward for both of them.

The operation of the free market is so essential, not only to promote productive efficiency, but even more to foster harmony and peace among the peoples of the world.

                                                                    .............PENDYALA VASUDEVA RAO

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