India-EU Trade Pact Nears Completion: The 'Mother of All Deals' Set to Reshape Global Trade

• The India-EU free trade agreement, dubbed the 'mother of all deals', is nearing completion after negotiations revived in 2022.
• The pact would create a combined market of 2 billion people, representing nearly 25% of global GDP, unmatched by any other trade agreement.
• The deal covers goods, services, technology, investment, and regulatory cooperation, aiming to integrate India into European supply chains and give EU companies access to India's fast-growing economy.
• The urgency for the EU deal is heightened by strained India-US trade relations under President Trump, offering India economic scale and strategic balance.
• Key sticking points remain, including EU demands for lower tariffs on automobiles and spirits, and India's push for easier movement of skilled professionals and safeguards for agriculture.

Why It Matters: The India-EU trade pact is a strategic game-changer, offering India economic scale and stability amid global trade shifts.