NEW DELHI, Jan. 27 (Xinhua) -- India and the European Union (EU) on Tuesday signed several agreements and Memorandums of Understanding (MoUs) in New Delhi during the three-day visit by European Council President Antonio Costa and European Commission President Ursula von der Leyen.
The highlight was the joint announcement on the conclusion of the negotiations of the India-EU Free Trade Agreement (FTA), described as "mother of all trade deals."
The signing of agreements and announcements was made in the presence of Indian Prime Minister Narendra Modi, who was quoted as saying that the trade deal was a "perfect example" of partnership between the two economies.
"India and Europe have taken a major step forward today. The India-EU FTA opens new pathways for growth, investment and strategic cooperation. This agreement will drive trade, investment and innovation while strengthening our strategic relationship. It reflects our shared resolve to shape a stable, prosperous and future-ready economic relationship," Modi posted on X.
According to India's Ministry of External Affairs, the signed agreements included the "Towards 2030: A Joint India-European Union Comprehensive Strategic Agenda" and the establishment of the "Green Hydrogen Task Force." ■
