‘The mother of all trade deals’: EU and India sign landmark trade agreement – Europe live

Wide-ranging deal will cut tariffs to zero over seven years as Modi hails ‘largest free trade agreement’ in India’s historyThe European Union has concluded trade talks with India this morning, signing also a bunch of separate deals on mobility, security, and defence, among others.The accord would open up India’s vast and highly guarded market, with New Delhi slashing tariffs on cars to 10% over five years from as high as 110%, Reuters reported. The deal will also cut tariffs on a slew of EU goods coming to India including machinery, electrical equipment, chemicals and iron and steel, the EU said. Continue reading...