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Europe and India Seek Closer Ties with 'Mother of All Deals'

The pact aims to expand trade, ease mobility, and enhance security amid global pressures, with EU-India trade growing nearly 90% in the last decade, officials said.

  • EU chiefs will attend Republic Day on Jan 26 before a summit on Jan 27 in New Delhi to finalise the long‑running pact, with Ursula von der Leyen saying `We are on the cusp of a historic trade agreement,` negotiators say.
  • On Jan 21, Kaja Kallas said geopolitical pressure on the rules‑based order pushed the EU and India closer as India diversified away from Moscow in recent years.
  • The summit package links trade, mobility, and a defence pact, with negotiators focusing on the EU carbon border tax and safety standards; officials say defence cooperation could be a precondition.
  • India currently makes up around 2.5 per cent of EU goods trade, with bilateral trade in goods reaching 120 billion euros in 2024, highlighting untapped potential.
  • EU officials frame the deal as opening a new chapter with strategic and economic aims, aiming to `unlock what we think is the transformative potential` and helping Brussels turn the page after the transatlantic crisis over Greenland.
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Lean Left

Europe and India seek closer ties with ‘mother of all deals’

Pact to be a major win for Brussels and New Delhi as both seek to open up new markets in the face of US tariffs and Chinese export controls.

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Center

Europe and India seek closer ties with 'mother of all deals'

India and Europe hope to strike the "mother of all deals" when EU chiefs meet Prime Minister Narendra Modi in New Delhi next week, as the two economic behemoths seek to forge closer ties.

Next Tuesday, January 27, 2026, could be written in golden letters in the history of India. The moment that the Indian market and industry have been waiting for for the last decade is now very close. According to a Reuters report, the much-awaited free trade agreement between India and the European Union (EU) is finally going to be signed on the 27th. This is not just an agreement on paper, rather, the doors of Europe, one of the world's largest…

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Decode39 broke the news in on Friday, January 23, 2026.
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