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Last Updated:January 27, 2026, 11:12 IST
India EU Free Trade Deal Live Updates: PM Modi is hosting European Commission President Ursula von der Leyen and European Council President Antonio Costa.
EU Chief Ursula von der Leyen and Prime Minister Narendra Modi. (Reuters/File)
India-EU trade deal LIVE: India and the European Union are set to move closer to finalising a landmark free-trade agreement today, a development that Prime Minister Narendra Modi described as a “major agreement” bringing a “huge opportunity for crores of people in India and Europe.” The long-pending India-EU trade deal is expected to significantly reshape one of the world’s largest economic partnerships and anchor a broader strategic push as New Delhi and Brussels navigate global uncertainty triggered by US President Donald Trump’s trade and foreign policy approach.
PM Modi has said the EU-India trade agreement will not only give a boost to manufacturing but also “greatly benefit the service sector,” while offering specific gains for industries such as textiles, gems and jewellery. PM Modi is hosting European Commission President Ursula von der Leyen and European Council President Antonio Costa for the talks. Momentum has gathered in recent weeks, with Ursula von der Leyen describing the proposed EU trade deal as a “historic trade agreement” that could create a combined market of nearly two billion people, accounting for close to a quarter of global GDP.
Negotiations on the EU-India trade pact were first launched in 2007, suspended in 2013 over differences in ambition and revived in 2022. If concluded, the agreement would mark a decisive shift in India-EU ties, as Europe seeks to reduce dependence on the US and China while India positions itself as a central economic and strategic partner.
Catch key announcements and reactions in this live blog
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India-EU Summit 2026 LIVE Updates: EU Trade Commissioner Maros Sefcovic indicated that the India-EU free trade agreement could be concluded today. After negotiations conclude, the pact will undergo legal scrubbing and internal consultations before seeking consent from the European Parliament and authorisation from the European Council- a process that could take several months.
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India-EU Summit 2026 LIVE Updates: The United States warned that Europe is financing a “war” against itself by signing the “mother of all trade deals” with India. US Treasury Secretary Scott Bessent said that Europe may have significantly phased out direct energy ties with Russia but they are indirectly funding the Russia-Ukraine war by purchasing Russian oil products refined in India.
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India-EU Summit 2026 LIVE Updates: What’s On The Table
India-EU Summit 2026 LIVE Updates: Beyond trade, today’s discussions are expected to span defence and security cooperation, climate change, critical and emerging technologies and a shared commitment to a rules-based global order.
India-EU Summit 2026 LIVE Updates: What’s At Stake Today?
India-EU Summit 2026 LIVE Updates: Today’s summit could mark a turning point in India–EU relations. The proposed free-trade agreement, under negotiation on and off since 2007, is expected to deepen economic ties between two major global blocs and potentially create a combined market of nearly two billion people. Leaders are also set to unveil a defence and security framework, a strategic agenda and possible mobility arrangements for Indian workers in Europe.
India EU Free Trade Deal Live Updates: What's Happening Today
India EU Free Trade Deal Live Updates: Welcome to our live coverage of the India–EU summit in New Delhi.
India and the European Union are expected to announce a historic free-trade agreement today, alongside a broader strategic partnership covering defence, security, climate action, critical technologies and global governance. Prime Minister Narendra Modi is hosting European Commission President Ursula von der Leyen and European Council President Antonio Costa.
We’ll bring you key announcements, statements and analysis as the talks unfold.
