India-EU FTA Finalized After 18 Years: Biggest Deal to Boost Trade, Announcement Tomorrow

• The India-EU Free Trade Agreement (FTA) negotiations have concluded after 18 years, with an official announcement expected on January 27, 2026.
• Commerce Secretary Rajesh Agarwal stated the agreement is balanced and future-oriented, aiming to strengthen economic integration and boost trade and investment.
• Commerce and Industry Minister Piyush Goyal termed it the 'Mother of All Deals,' to be announced at the India-EU Summit with PM Modi, Ursula von der Leyen, and Antonio Costa.
• Indian labor-intensive sectors like textiles, chemicals, gems and jewelry, and leather will likely gain duty-free access to the EU market.
• The deal is crucial for Indian exporters to find new markets, reduce dependence on China, and counter high tariffs from other nations.

Why It Matters: India and the EU finalize a historic FTA after 18 years, set to boost trade and economic ties significantly.