India, EU clinch 'mother of all deals'
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India and the European Union have concluded negotiations on a long-awaited free trade agreement as both sides seek to cushion the impact of strained ties with the United States.
After nearly 20 years of negotiations, the two sides struck a far-reaching agreement that officials called “the mother of all trade deals.”
Government officials said that the exports from the labour-intensive products were $35 billion in 2024 and that the duty on $33.5 billion worth of products will go down to 0 when the trade deal enters into force.
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Deal will reduce or phase out levies on cars, alcohol and machinery while protecting some agricultural products
Vihaan Malhotra’s unbeaten 109 helps India post an imposing 352/8 on the board. Captain Ayush Mhatre and Udhav Mohan then strike thrice to help the ‘Boys in Blue’ bundle Zimbabwe out for just 148 in reply.
From food and chemicals to engineering goods, the EU has implemented a wide net of strict regulations that tend to discourage exporters due to the steep compliance burden. Trade experts said that the India-EU FTA offers India a legal opportunity to find a solution to this.
After going unbeaten in the Group stages, Ayush Mhatre's team India will be looking extend their winning streak as they lock horns with ICC U-19 Cricket World Cup 2026 co-hosts Zimbabwe in a Super 6 tie at the Queen Sports Club,