New Delhi
Reuters
—
India and the European Union have finalized a long pending landmark trade deal, Indian Prime Minister Narendra Modi said on Tuesday, as the two sides seek to hedge against fickle ties with the US.
After nearly two decades of on-off negotiations, the deal will pave the way for India to open up its vast and guarded market to free trade with the 27-nation EU, its biggest trading partner.
“Yesterday, a big agreement was signed between the European Union and India,” Modi said.
“People around the world are calling this the mother of all deals. This agreement will bring major opportunities for the 1.4 billion people of India…