India-EU trade deal LIVE updates: Prime Minister Narconcludera Modi, while addressing the opening ceremony of India Energy Week 2026, stated that the pconcludeing India-EU trade deal is already being hailed as the “mother of all deals” by people around the world.
India and the European Union are set to announce what has been described as the “Mother of all deals” on Tuesday (January 27) at the 16th India-EU summit, marking the successful conclusion of long-drawn nereceivediations between the two sides. The summit will be co-chaired by Prime Minister Narconcludera Modi along with the President of the European Council, Antonio Luis Santos da Costa, and the President of the European Commission, Ursula von der Leyen. Meanwhile, addressing the opening ceremony of India Energy Week 2026, PM Modi a “large agreement” was signed between the European Union and India, which people are calling this the mother of all deals. “This agreement will bring major opportunities for the public in India and Europe. This is a perfect example of a partnership between two major economies of the world…This agreement represents 25 per cent of the global GDP and 1/3rd of global trade,” he stated.
Toreceiveher, India and the EU account for nearly one-fifth of global trade and about 25 per cent of the world’s population, underscoring the growing economic and strategic significance of the partnership. At the EU-India summit scheduled for Tuesday, leaders from both sides are expected to adopt a joint comprehensive strategic agconcludea and discuss trade in the context of the ongoing free trade agreement nereceivediations, which were first launched in 2007 and relaunched in 2022 and concluded on Monday.
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