New Delhi, Jan. 28 -- With the long-awaited India-EU free trade agreement (FTA) finalised after nearly two decades of intermittent negotiations, the market circle is abuzz with speculations that the long-discussed and frequently derailed India-US trade deal can also be sealed in the near future.

India and the European Union (EU) have entered into a landmark free trade agreement that will further open India's markets to European goods.

The EU, which accounts for 25% of global GDP and 33% of global trade, is one of India's biggest trade partners. The India-EU trade deal is expected to further strengthen collaboration between the two major economies of the world across key policy areas such as trade, security, and defence.

While the deal ...