India & EU Ink 'Mother of All Deals': A New Era of Trade and Growth
The India-European Union free trade agreement, described as a 'historic achievement' by BJP and led by PM Narendra Modi, signifies a major stride towards 'Atmanirbhar Bharat'. The deal grants vast access for Indian exports, aiming for growth across various sectors and fostering global economic integration.
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The BJP has described the newly signed India-European Union free trade agreement as a 'historic achievement'. Union Home Minister Amit Shah highlighted Prime Minister Narendra Modi's 'India first' approach as a driving force behind the agreement, which is poised to enhance India's mission for an 'Atmanirbhar Bharat'.
This landmark deal promises unprecedented market access for 99% of Indian exports across diverse sectors, including textiles, marine products, and engineering goods, aligning with Modi's vision for India to become a developed nation by 2047. The agreement is seen as a strategic breakthrough in global trade engagement.
The agreement also aims to bolster India's talent presence in Europe and expand opportunities for AYUSH practitioners, marking a significant milestone in Indo-EU relations. Defence Minister Rajnath Singh and Finance Minister Nirmala Sitharaman lauded the deal as a transformative chapter in India's economic journey, announcing unique opportunities for various sectors.
(With inputs from agencies.)
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