India–EU seal historic Free Trade Agreement, PM Modi calls it blueprint for shared prosperity

A historic free trade agreement has been reached between India and the European Union. PM Modi called this new free trade agreement a new blueprint for prosperity and stability in the world. In this new free trade agreement, PM Modi and European leaders have indirectly criticized America for weaponizing tariffs and technology. In this free trade agreement, which was signed in New Delhi on Tuesday, issues related to ongoing tensions and pressures in global trade have been discussed. European leaders have accepted that trade is being used as a weapon globally, and to counter this, it is important that India and the European Union join hands.

Following the agreement, in a joint press conference with European Council President Antonio Costa and European Commission President Ursula von der Leyen, PM Modi expressed concern over the global situation. PM Modi said, "This is not just a trade agreement, but a new blueprint for shared prosperity." He emphasized that at a time when the global system is in turmoil, India-EU cooperation will provide stability to the world.

During the press conference, European Commission President Ursula von der Leyen pointed to the growing tensions in global trade. He said, "The partnership between India and Europe will reduce strategic dependency at a time when global trade is increasingly being weaponized." Leyen said that we are providing security to our people in an insecure world and Europe is extremely pleased with India's rise.

PM Modi stated that India has signed the largest free trade agreement in its history. Antonio Costa called it the most ambitious agreement ever for a market of two billion people.

Through this agreement, India and the EU have sent a message to the world that they are trusted partners. PM Modi also said that this FTA will increase mutual cooperation in the maritime sector and cybersecurity.