Brief by Shorts91NewsDesk / 03:58am on 01 Mar 2025,Saturday Business
European Commission President Ursula von der Leyen announced in Delhi that the EU and India aim to finalize a long-awaited free trade agreement (FTA) this year. A deal of this scale would be the largest of its kind globally. Talks, relaunched in 2021, face hurdles in agriculture and manufacturing but are progressing. The EU is also exploring a security and defense partnership with India. As U.S.-EU trade tensions escalate under Trump’s policies, Brussels seeks stronger Indo-Pacific ties. With $135 billion in bilateral trade, India and the EU are deepening collaborations in AI, semiconductors, and clean technology.