INTERNATIONAL
EU nears historic trade deal with India, von der Leyen says
European Commission President Ursula von der Layen speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. - REUTERS
DAVOS, Switzerland: The European Union is on the verge of concluding a free trade agreement with India, although work remains to get it over the line, European Commission President Ursula von der Leyen said in a speech at the World Economic Forum in Davos on Tuesday.
"There is still work to do. But we are on the cusp of a historic trade agreement. Some call it the mother of all deals. One that would create a market of 2 billion people, accounting for almost a quarter of global GDP," she said in a section of her speech on EU efforts to diversify its trade.
Von der Leyen is expected to visit India early next week.
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"There is still work to do. But we are on the cusp of a historic trade agreement. Some call it the mother of all deals. One that would create a market of 2 billion people, accounting for almost a quarter of global GDP," she said in a section of her speech on EU efforts to diversify its trade.
Von der Leyen is expected to visit India early next week.
Your gateway to global news, insights, and stories that matter.