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'Mother Of All Deals': PM Modi Signals New Global Trade Order As India And EU Seal Historic Pact

TOI.in / Jan 27, 2026, 11.52 AM IST

Calling it the “mother of all deals”, Prime Minister Narendra Modi has underlined the scale and ambition of the India–EU Free Trade Agreement just before its formal unveiling at the 16th India-EU Summit. The agreement connects a market of nearly two billion people and cements India’s position as a pillar of global economic stability. With negotiations finally concluded after 18 years, the pact promises expanded market access, deeper investment flows, and stronger supply chains. Europe views India as a growth engine and democratic counterweight in a fractured world, while New Delhi sees the deal as validation of its economic confidence. The agreement has also drawn attention in Washington, reflecting how India’s rising trade clout now influences global power equations far beyond commerce.

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