India and EU seal landmark trade agreement after 20 years of talks
Summary
India and the European Union have finalized a landmark trade deal after nearly 20 years of negotiations, opening new opportunities for trade between the two regions.
Key Points
- India and the European Union have finalized a landmark trade deal after nearly two decades of talks.
- Prime Minister Narendra Modi called the agreement the 'mother of all deals'.
- The deal opens India's market to free trade with the 27-nation European Union.
- Formal signing is expected after legal vetting and the deal aims for implementation within a year.