India-EU Summit 2026 : PM Modi Hails India-EU Trade Pact As “Mother Of All Deals

India-EU Summit Updates:

The India-EU free trade agreement is expected to bring a qualitative change in deepening the overall bilateral relations in a range of sectors.

India-EU Summit

Prime Minister Narendra Modi hosted the 16th European Union-India Summit in New Delhi with President of the European Commission Ursula von der Leyen and visiting President of the European Council, Antonio Costa, to announce the ‘month of all trade deals’. According to Commerce Secretary Rajesh Agrawal, India and the EU have concluded negotiations on the much-awaited Free Trade Agreement (FTA), and the announcement of the conclusion of talks will be made at the 16th India-EU Summit.

According to authorities, the signing of the deal will take place in about six months after the legal scrubbing. The deal is expected to come into effect sometime next year.

The FTA is expected to bring a qualitative change in deepening the overall bilateral ties in a range of sectors. The broader focus of today’s meeting is on trade, defense and security, climate change, critical technologies and strengthening the rules-based global order. The two sides are also set to unveil a defense framework pact and a strategic agenda. The new partnership comes at a time when Europe is seeking to reduce its reliance on the US and China and deepen its diplomatic and economic ties to other regions.

As India and the European Union (EU) move closer to finalizing a landmark free-trade agreement, Prime Minister Narendra Modi hailed the move, saying the trade accord will boost the manufacturing sector and support services between two of the largest economies. The Prime Minister noted that the India-EU trade pact is being seen as the “mother of all deals” by many across the globe and said it will create major opportunities for businesses and people on both sides.

“A landmark agreement is being signed between India and the European Union. People around the world are calling it the “mother of all deals”. This agreement brings tremendous opportunities for India’s 1.4 billion people and the millions of people in European countries,” he said while inaugurating the energy week earlier today.

PM Modi noted that the agreement is a noteworthy example of cooperation between the world’s two largest economies. He said the deal represents approximately 25 per cent of global gross domestic product (GDP) and nearly one-third of global trade.

“This strengthens our shared commitment not only to trade but also to democracy and the rule of law,” the Prime Minister said.

“The India-EU Free Trade Agreement complements the India-UK trade deal. It will boost the manufacturing sector and support services,” he added.

India and the European Union (EU) have concluded negotiations for a proposed free trade agreement (FSA) aimed at boosting two-way trade and strengthening economic ties. Both sides have described the deal–which is likely to be announced today–as balanced and forward-looking.

India and the European Union are set to elevation their long-standing strategic engagement with the signing of a Security and Defense Partnership (SDP) at the 16th India-EU Summit scheduled on Tuesday (January 27, 2026).

Prime Minister Narendra Modi will hold delegation-level discussions with European Commission President Ursula von der Leyen and European Council President Antonio Costa.

Earlier on Monday (January 26, 2026),

Commerce Secretary Rajesh Agrawal confirmed that “official-level negotiations are being concluded, and both sides are all set to announce the successful conclusion of FTA talks on January 27.” A “successful India” is in the world’s interest, said visiting European Union leaders.

The EU-India FTA conclusion marks the end of a two-decade-old process, after talks were first launched in 2007. With bilateral trade already crossing $136 billion, the sources also said that this would be “one of the biggest” bilateral deals in the world.

India–EU technology, defense deal brings both sides closer amid complex global environment’: Defense Minister Rajnath Singh
Defense Minister Rajnath Singh, on Tuesday (January 27, 2026), said that the signing of the technology and defense partnership between India and the European Union marks a significant step in bringing the two parties closer amid a complex global environment.

Addressing the EU delegation led by EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas, at Raksha Mantralaya, South Block, Singh welcomed the EU leaders’ visit, highlighting its special significance as it coincides with India’s 75th Republic Day.

“Thank you for your visit to India. Your visit is very special as it falls on the occasion of our 75th Republic Day. The occasion marks a milestone in the celebration of India’s constitutional journey and the reaffirmation of our commitment to global peace and security,” Mr. Singh said.

‘So much more we can do to develop defense cooperation,’ says EU Security representative as India-EU ink defense partnership

After India and the European Union signed the security and defense partnership, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas on Tuesday (January 27, 2026) urged deepening ties across multilateral fora for further developing defense collaboration.

She made the observations during the delegation-level talks with Defense Minister Rajnath Singh here in the national capital.

India plans to slash tariffs on cars imported from the European Union ‌to 40% from as high as 110%, sources said, in the biggest opening yet of the country’s vast market as the two sides close in on a free trade pact that could come as early as Tuesday (January 27, 2026).

India-EU summit to lay broader vision to navigate geopolitical tensions

Prime Minister Narendra Modi will host European Commission President Ursula von der Leyen and European Council President Antonio Costa for summit talks against the backdrop of new cracks in ties between Europe and the U.S..

The world has been witnessing new geopolitical turmoil triggered largely by Washington’s policies on trade and security.

The long-awaited India-EU free trade agreement, billed as “mother of all deals” is expected to significantly expand the overall trajectory of two-way engagement as it will open up new opportunities for collaboration in diverse areas.

Following the summit talks, the two parties will announce the conclusion of the negotiations for the FTA, and it may take at least six months to formally sign the deal as it will require legal scrubbing by both sides.

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