PM Modi: India's Trade Deals with EU, US Stabilizing World Order, Future-Ready

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Firstpost•05-02-2026, 17:54
PM Modi: India's Trade Deals with EU, US Stabilizing World Order, Future-Ready
- •PM Modi stated that India's trade deals with the European Union (EU) and the United States are stabilizing the world order.
- •Speaking in Rajya Sabha, Modi highlighted the EU deal as a source of hope for global stability and the US deal as assurance of its speed.
- •He described India's recent trade agreements as "future-ready," having signed deals with nine significant countries, including the EU.
- •The EU deal, dubbed "the mother of all deals," aims to reduce tariffs on most goods and services between India and the EU.
- •The US deal involves a reduction of US tariffs on Indian goods from 50% to 18% in exchange for India reducing tariffs on all American goods to 0%.
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