India-EU FTA: The Mother of All Trade Deals

The Free Trade Agreement between India and the European Union is recognized as a landmark deal, signifying one of the largest bilateral trade partnerships globally. Together, India and the EU constitute a significant portion of global trade and economic output, with extensive exports, imports, and investment figures.

The recently concluded Free Trade Agreement (FTA) between India and the European Union has been hailed as the 'mother of all deals,' marking it as one of the most considerable bilateral trade agreements worldwide. A commerce ministry official emphasized its significance during the announcement.

The pact impacts about 1.9 billion people and accounts for 25% of the global economy, with India and the EU comprising 30% of the world's population. In fiscal year 2025, bilateral trade surpassed USD 190 billion, with both regions displaying substantial trade surpluses and investment interests.

Besides trade in goods and services, the EU remains a major investor in India, and the agreement offers India preferential market access under a unified framework. This pact not only strengthens economic ties but also ensures regulatory influence across the 27 EU member states.

(With inputs from agencies.)