Srinagar, Jan. 31 -- The India-EU Free Trade Agreement is a historic milestone in Prime Minister Narendra Modi's economic diplomacy. It will generate millions of jobs, create vast opportunities for India's youth and farmers, and create wealth for nearly 2 billion people who together account for a quarter of the global economy.

The agreement between the world's second- and fourth-largest economies is among the biggest trade deals ever signed. In fact, it is far more than a trade deal. It represents a comprehensive partnership that fosters cooperation in critical sectors such as artificial intelligence, defence, and semiconductors. The FTA will benefit every region and citizen of India, particularly the poorer sections.

The FTA ensures ru...