New Delhi, Feb. 4 -- January 27,2026will always be etchedas a watershed momentin the relationship between India and the European Union (EU) as it was on this day that both concluded a landmark Free Trade Agreement (FTA), the largest ever trade deal concluded by both sides.Theconclusionof thehistoric FTA was announced in New Delhijointly by Indian Prime Minister Narendra Modi andEuropean CommissionPresidentUrsulavon der Leyen during the16th India-EU Summit.

It is not just another trade deal, but one that has taken place between respectively, the fourth largest and the second largest economy in the world.Ursula von der Leyen described the India-EU FTA as the "mother of all deals" which has "created a free trade zone of two billion people, ...