India ‘concluded’ a ‘historic’ Free Trade Agreement (FTA) with the European Union, Prime Minister Narendra Modi said on Tuesday (January 27, 2026), announcing the end of negotiations that began nearly two decades ago and were revived in 2022. “Today, India has concluded the largest Free Trade Agreement in its history,” said Prime Minister Modi, announcing the conclusion of the negotiation on the deal. The Prime Minister presented the deal as a boost to investment between the European Union and India that would support “innovation partnerships and strengthen supply chains at the global level”. The Joint Statement referred to the Security and Defence Partnership as the “first such overarching” defence and security framework. The Prime Minister and the visiting EU leaders welcomed the conclusion of the MoU on the Comprehensive Framework on Cooperation on Mobility.

Source: The Hindu January 28, 2026 04:24 UTC