EU, India free trade pact to be world’s largest deal: Ursula Von Der Layen. Batteries, pharma, chips, clean hydrogen will be among areas of focus. Announcement comes in the wake of geopolitical and geoeconomic churn that is taking place. Trump embarking on an ‘America First’ policy that has added to global uncertainties. The trade war that Trump has triggered has cast a shadow on the revival of the world economy. The EU is also exploring a future security and defence partnership with India, modelled on the lines of agreements that have been signed with Japan and South Korea. It will be one of the defining partnerships of the century, says Von Der Leyen, who is on a two-day visit to India. The agreement is expected to be signed by the end of the year, says the EU Trade Commissioner Macros Sefcovic. It is the largest deal of this kind anywhere in the world, he says, and comes at a time when the EU is facing \”geopolitical and geo economic headwinds\” and \”a more aggressive posture from major powers\”
EU, India free trade pact to be world’s largest deal: Ursula Von Der L….
