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India, EU aim to finalize mega FTA by year-end
Mint Kolkata
|March 01, 2025
Prime Minister Narendra Modi and European Commission president Ursula von der Leyen on Friday agreed to conclude an ambitious India-EU free trade deal by this year amid fears that the Trump administration's threat of higher tariffs could adversely impact the global economy.
In their talks, both leaders also decided to expand two-way defence cooperation, especially in the Indo-Pacific, with von der Leyen announcing that the European Union (EU) was looking at firming up a security and defence pact with India in line with its partnerships with close allies Japan and South Korea.
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