(Photo: AFP)NEW DELHI - India and the European Union announced Tuesday the “mother of all deals”, a huge trade pact to create a market of two billion people, reached after two decades of negotiations. “A mother of all deals,” Modi said on Tuesday in the capital New Delhi, where he met with European Commission President Ursula von der Leyen and European Council President Antonio Costa. ‘Highest level of access’Bilateral trade in goods reached 120 billion euros (69 billion) in trade in services. Von der Leyen said she expected exports to India to double, and that the EU would “gain the highest level of access ever granted to a trade partner in the traditionally protected Indian market”. The choice of strategic partnership, dialogue and openness,” von der Leyen wrote on social media.

Source: Bangkok Post January 27, 2026 08:16 UTC