India and EU Reach Trade Agreement

India and the European Union have agreed on a significant trade deal to create a free trade zone for two billion people. European Commission President Ursula von der Leyen and Indian Prime Minister Narendra Modi hailed the deal as historic, benefiting both sides. The agreement, reached after nearly two decades of negotiations, will cover 25 percent of global GDP and open up opportunities in various sectors. The deal is expected to be implemented within a year, leading to a doubling of EU exports to India by 2032.

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