EU Leaders in Delhi for Republic Day, Signal Momentum on India-EU Free Trade Deal

• European Commission President Ursula von der Leyen and European Council President Antonio Costa arrived in Delhi for Republic Day celebrations and an upcoming EU-India summit.
• The visit aims to finalize a landmark free trade agreement (FTA) between India and the EU, concluding nearly two decades of negotiations.
• Both sides anticipate a formal announcement of the FTA, described as the “mother of all deals,” at the summit.
• The FTA is crucial for India to attract investment, technology, and create jobs, while for the EU, India is a critical market amidst global trade challenges.
• The EU is India’s largest trading partner in goods, with total trade reaching approximately USD 136 billion in FY 2024-25.

Why It Matters: EU leaders' visit to Delhi signals significant progress towards a historic India-EU Free Trade Agreement.