India and European Union Sign Historic free trade agreement
During the India-European Union Business Forum, Prime Minister Modi celebrated recent developments in trade relations between India and the European Union, culminating in the signing of a comprehensive free trade agreement (FTA). This agreement promises to significantly bolster economic ties by providing Indian labor-intensive industries better access to the European market and encouraging investment across various sectors, including defense, technology, and sustainable energy. Modi highlighted the joint priorities of both entities in enhancing reliable supply chains and cooperating in frontier technologies and green initiatives.
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