EU and India have signed a landmark trade and security agreement that will eliminate or cut tariffs on 90% of goods exchanged, boost European exports and create new defence cooperation, including joint naval exercises to protect shipping lanes. The deal, announced in New Delhi, follows the recent EU‑Mercosur pact signed in Paraguay and is seen as a step toward greater economic resilience and strategic autonomy in a fragmented world. India, the world’s most populous country, is expected to become a major driver of global growth, while European farmers will gain better access to the Indian market, especially for wine and olive oil. The agreement also preserves strict EU standards for food safety and environmental protection. Officials say the partnership will provide stability for businesses, encourage investment and enhance defence collaboration between the EU and India.
Economy
EU‑India Pact Sets New Trade and Defence Path
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