India and the European Union have formally signed a historic free trade deal — the biggest in India’s history. Prime Minister Narendra Modi and top EU leaders confirmed the agreement during the India-EU summit in New Delhi. The deal slashes tariffs, opens EU markets to Indian exports, and protects key Indian industries. In return, Europe gains access to India’s booming car market and lowers tariffs on wines, machinery, and food. Beyond trade, the pact marks a geopolitical realignment — as Brussels seeks strategic autonomy from the US and deeper ties with New Delhi.
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