“We have concluded the mother of all deals,” European Commission president Ursula von der Leyen said on X on Tuesday. India is similarly trying to shake its protectionist reputation and offset a 50 per cent Trump tariff, while at the same time balance its ties with Russia. “That is the name of the game.”The deal is the most ambitious trade agreement India has signed. The announcement comes weeks after India signed trade deals with New Zealand and Oman. The EU and India are also growing closer on the defence front, unveiling a new security partnership.

Source: The Irish Times January 27, 2026 11:51 UTC