India-EU: ‘Mother of all deals’, conclude landmark FTA at 16th summit

What happened:

 India and the European Union signed 13 agreements at the 16th India–EU Summit on January 27 and concluded negotiations on the India–EU Free Trade Agreement, alongside adopting a Joint Comprehensive Strategic Agenda towards 2030.

Why it matters:

 The outcomes strengthen trade, defence, security, clean energy and technology cooperation, deepening India–EU strategic and economic ties.