New Delhi, Jan. 27 -- India and the European Union (EU) reached a long-awaited free trade agreement on Tuesday, January 27, as both parties aim to safeguard their interests amidst changing relations with the US.

Following nearly 20 years of intermittent discussions, this agreement will enable India to expand its extensive and previously restricted market to engage in free trade with the 27-member EU, its largest trading partner.

Indian Prime Minister Narendra Modi indicated that a major agreement was finalised between the European Union and India yesterday, January 26.

Around the globe, people are referring to this as the "mother of all deals". According to Modi, this agreement will create significant opportunities for India's 1.4 bill...