India-EU Trade Deal: PM Modi Calls it 'Mother of All Deals'

• PM Narendra Modi has hailed the upcoming India-EU Free Trade Agreement (FTA) as the 'Mother of All Deals', set to be signed today.
• The FTA covers 97-99% of sectors, aiming to reduce or eliminate import duties on over 90% of goods and liberalize services.
• Negotiations have concluded, with implementation expected early next year after procedural formalities.
• Sensitive sectors like agriculture and dairy have been excluded to protect domestic industries.
• PM Modi emphasized the deal's potential to boost manufacturing, ancillary services, and India's energy sector, calling it a symbol of ideal partnership.

Why It Matters: The India-EU FTA, dubbed 'Mother of All Deals' by PM Modi, promises significant economic integration and growth.