Historic India-EU Trade Deal Signals New Economic Era

India and the European Union have finalized a significant trade agreement to boost economic relations between the two regions. The deal, pending for nearly two decades, aims to strengthen ties amidst shifting geopolitical dynamics and will be formally announced by leaders at an India-EU summit in New Delhi.

In a landmark development, India and the European Union have concluded a long-anticipated trade agreement that promises to transform economic relations between the two regions, Indian Prime Minister Narendra Modi announced.

The deal resolves nearly two decades of protracted negotiations and facilitates India's integration into a free trade framework with the EU, its largest trading partner.

The formal signing will follow a detailed legal review of five to six months and is expected to come into effect within the year, profoundly impacting trade and elevating economic opportunities for both the 1.4 billion people in India and millions in Europe.

(With inputs from agencies.)