India-EU Free Trade Agreement FTA Summary:
Event: After 18 years of negotiations, India and the European Union have finalized the historic 'Mother of All Deals'.
Benefits: India's textile, leather, and jewelry industries will receive duty-free access to the EU. In return, the prices of European cars and wines will decrease in India.
Impact: This has created a vast free trade area for 2 billion people, controlling 25% of global GDP.
Goal: To double mutual trade by 2032 and address the impact of potential tariff policies from Trump.
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