India-EU Free Trade Agreement Talks

India and the European Union closed the book on years of on-off bargaining on 27 January 2026, when Prime Minister Narendra Modi and European Commission President Ursula von der Leyen used the 16th India-EU Summit in Delhi to announce that their long-pending free trade agreement had been concluded. The pact links the world's 4th and 2nd largest economies - together about a quarter of global GDP and a third of world trade - and promises preferential entry for more than 99% of India's exports into the 27-nation bloc. Von der Leyen called it the "mother of all deals"; the tariff cuts take effect once the text is signed and ratified.