What the ‘mother of all deals’ between India and the EU means for global trade
THE “mother of all deals”: that’s how European Commission President Ursula von der Leyen described the new free trade agreement between the European Union and India, announced on Tuesday after about two decades of negotiations. The deal will affect a combined population of 2 billion people across economies, representing about a quarter of global GDP. Speaking in New Delhi, von der Leyen characterised the agreement as a “tale of two giants” who “choose partnership, in a true win-win fashion”. So, what have both sides agreed to – and why does it matter so much for global trade? What has been…
