Daily Edge By VisionIAS | India–EU Trade Deal: The Agreement That Could Change Everything скачать в хорошем качестве

Daily Edge By VisionIAS | India–EU Trade Deal: The Agreement That Could Change Everything

The “Mother of All Trade Deals” — that’s how European Commission President Ursula von der Leyen is describing the proposed India–EU Free Trade Agreement, a landmark pact nearly two decades in the making. The India–EU trade deal could transform global commerce by creating one of the world’s largest economic corridors, linking two major growth centres. For India, the agreement is expected to boost exports in labour-intensive sectors like textiles, gems and jewellery, marine products, leather and footwear, through lower tariffs and easier access to the European market. For the European Union, the deal promises greater access to India’s fast-growing consumer base, especially for luxury cars, industrial machinery, electronics, wines and spirits, which currently face high import duties. Beyond economics, the India–EU FTA has major geopolitical implications. Both sides are looking to reduce dependence on China, secure critical technologies, diversify supply chains, and reshape global trade amid rising protectionism and uncertain US trade policies. If signed, the agreement could mark a turning point in India–EU relations, global trade strategy, and the balance of economic power in the 21st century. #IndiaEU #IndiaEUTradeDeal #FreeTradeAgreement #GlobalTrade #FTA #TradeTalks #Geopolitics #InternationalTrade #WorldEconomy #TradePolicy #CurrentAffairs #UPSC #UPSC2026 #Trending #VisionIAS