India and EU ink free-trade agreement‘MOTHER OF ALL DEALS’: Nations are willing to ‘bury the hatchet’ given the ‘atmosphere of uncertainty’ around the policies of US President Donald Trump, a researcher saidBloombergIndia and the EU have agreed on a free-trade agreement, Indian Prime Minister Narendra Modi said yesterday, capping nearly two decades of negotiations. “This free-trade agreement will strengthen confidence of investors, business in India,” Modi said in remarks at an energy event. The pact would boost trade and global supply chains, while improving India’s manufacturing and services sectors, he said. Modi’s announcement comes weeks after India signed trade deals with New Zealand and Oman. Modi is also trying to find new markets for a country Trump once dubbed the “tariff king.”Yesterday’s agreement marked Modi’s fourth trade deal since May last year, also including an agreement with the UK.
