India-EU Trade Deal LIVE: 'We Delivered Mother Of All Deals', Says EU Chief, Calls It 'Tale Of Two Giants'

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Last Updated:January 27, 2026, 13:56 IST

India-EU Trade Deal Live Updates: PM Modi is hosting European Commission President Ursula von der Leyen and European Council President Antonio Costa.

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PM Modi with European Council President António Luís Santos da Costa and European Commission President Ursula von der Leyen (Image Credit: PTI)

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.

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.

Catch key announcements and reactions in this live blog

India-EU Trade Deal LIVE: Ursula von der Leyen Hails India-EU Pact As Two Giants Choosing Partnership

European Commission President Ursula von der Leyen declared the conclusion of the India-EU trade agreement as a historic breakthrough, calling it the “mother of all deals” and a powerful statement of cooperation in a turbulent world.

“We did it,” Ursula said, describing the agreement as the result of two major global players choosing partnership over fragmentation. Referring to India and the European Union as two giants, she said their decision to work together sends a strong message that cooperation remains the most effective response to global challenges.

Ursula said India and the EU will deepen collaboration on counter-terrorism, reflecting shared concerns in an increasingly complex security environment.

Looking to the future, she announced the creation of an EU-India Innovation Hub and the launch of an EU-India Startup Partnership, aimed at bringing innovators, entrepreneurs and technology ecosystems closer together.

Taken together, Ursula said, the agreement demonstrates that when democracies act together, they can shape outcomes- not just for themselves, but for the global order as well.

India-EU Trade Deal LIVE: Costa Lays Out Three Core Messages as India-EU Conclude Most Ambitious FTA

European Council President Antonio Costa outlined three defining messages as India and the European Union concluded what he described as the most ambitious Free Trade Agreement ever negotiated.

Antonio Costa stressed that India and the EU must work together to ensure shared prosperity and shared security, underlining that economic cooperation today is inseparable from strategic stability. In an increasingly fragmented global landscape, he said partnerships between like-minded democracies are essential to safeguard growth and resilience.

Highlighting the broader role of commerce, Antonio Costa described trade as a crucial geopolitical stabiliser. He noted that strong, predictable trade ties help reduce uncertainty, anchor cooperation, and create long-term trust between partners, especially at a time of global economic and political volatility.

The trade agreement, Antonio Costa added, also sends a powerful signal in support of a rules-based world order. By concluding a comprehensive and high-standard FTA, India and the EU are reaffirming their commitment to transparent rules, fair competition and multilateral principles.

Calling the agreement the most ambitious FTA ever concluded, Antonio Costa said it reflects not just economic intent but a shared vision for the future- one where trade, security and global governance move forward together.

India-EU Summit 2026 LIVE Updates: Mobility Framework To Open New Opportunities For People, Says PM Modi

Prime Minister Narendra Modi announced that India and the EU are putting in place a comprehensive framework on mobility, aimed at creating new opportunities for people across sectors.

He stressed that this initiative will benefit individuals from all walks of life by enabling smoother movement for education, skills and professional engagement. The framework reflects a people-centric approach to diplomacy, where partnerships are designed to deliver direct benefits to citizens.

The Prime Minister also pointed out that over eight lakh Indians living in EU countries already serve as a strong bridge between societies, strengthening cultural and economic ties.

India-EU Trade Deal LIVE: India–EU Trade Hits $180 Billion As Economic Ties Deepen, PM Modi Says

Prime Minister Narendra Modi highlighted the strong economic foundation of India–EU relations, noting that bilateral trade reached USD 180 billion. He said this level of trade reflects not only economic exchange but also mutual trust and stability in the partnership. The Prime Minister added that cooperation now extends well beyond trade, covering strategic technology, clean energy and digital governance- areas that are central to global growth and sustainability.

India and the EU, he said, have established cooperation in all major fields, marking a shift toward a more integrated and forward-looking economic relationship.

India-EU Trade Deal LIVE: India–EU Ties Enter A New Chapter, PM Modi Says

India–European Union relations are entering what Prime Minister Narendra Modi described as a new chapter- one defined not by a single agreement, but by a widening web of cooperation that spans trade, mobility, technology, defence and people-to-people ties.

India-EU Summit 2026 LIVE Updates: India, EU Conclude FTA; Defence, Security And Mobility Pacts Also Signed

#WATCH | Delhi | PM Narendra Modi, the President of the European Commission, Ursula Von Der Leyen and the President of the European Council, António Luís Santos da Costa, witness the signing and exchange of the political declaration of the conclusion of negotiations of the… pic.twitter.com/SfT1SDjLTJ

— ANI (@ANI) January 27, 2026

India-EU Free Trade Agreement Concluded With Signing

India-EU Free Trade Agreement Concluded With Signing

India-EU Summit 2026 LIVE Updates: Free Trade Zone For 2 Billion People, Says EU Chief

European Commission President Ursula von der Leyen praised the landmark trade pact signed between India and the European Union, saying it would create a free trade zone encompassing nearly two billion people. In remarks welcoming the agreement, Ursula von der Leyen said the deal would benefit both sides and mark the beginning of a new phase in the strategic and economic partnership between India and the EU.

‘Europe And India Are Making History’: Ursula Von der Leyen On Trade Deal

European Commission President Ursula von der Leyen hailed the conclusion of the India–EU agreement, calling it the “mother of all deals.” In a post on X, Ursula von der Leyen said Europe and India have created a free trade zone of two billion people, with both sides set to benefit.

She added that the agreement marks only the beginning and that the strategic relationship between the EU and India will grow even stronger in the years ahead.

‘Shining Example Of Coordination’: PM Modi On India-EU Agreement

Highlighting the scale of the partnership, Prime Minister Narendra Modi said the India-EU agreement is a “shining example of coordination between two of the world’s largest economies.” Emphasising its economic heft, PM Modi noted that the pact represents nearly 25 per cent of global GDP and almost one-third of global trade.

India-EU Summit 2026 LIVE Updates: EU Leaders At Rajghat

India EU Trade Deal Live Updates: European Council, Commission Presidents Lay Wreath At Rajghat

European Council President António Luís Santos da Costa and European Commission President Ursula von der Leyen laid a wreath at Rajghat, paying floral tributes to Mahatma Gandhi during their visit to India.

President of the European Council, António Luís Santos da Costa and President of the European Commission, Ursula Von Der Leyen, lay a wreath at the Rajghat and pay floral tributes to Mahatma Gandhi.

(Pics: DD) pic.twitter.com/qt7DGitmSb

— ANI (@ANI) January 27, 2026

India EU Trade Deal Live Updates: Piyush Goyal On India–EU Deal

India EU Trade Deal Live Updates: Union Commerce and Industry Minister Piyush Goyal highlighted the scale of the India–European Union agreement, saying it is already drawing global attention. In a post on X (formerly Twitter), Piyush Goyal said that a major agreement was signed between India and the EU just a day ago, adding that people around the world are referring to it as the “Mother of All Deals.”

India-EU Pact 'Mother Of All Deals', Will Bring 'Huge Opportunities For Indians, Europeans': PM

Prime Minister Narendra Modi on Tuesday described the recently concluded India-European Union trade agreement as the “mother of all deals”, saying it brings “tremendous opportunities” for people in India and Europe and showcases strong coordination between two of the world’s largest economies. Read more

India-EU Summit 2026 LIVE Updates: PM Modi On India-EU Deal

Prime Minister Narendra Modi hailed the India–EU agreement, calling it a major step forward for both sides.

“Just yesterday, a major agreement was signed between India and the European Union,” PM Modi said, adding that the deal has created “a huge opportunity for crores of people in India and Europe.”

'Largest FTA': European Council Chief Says India-EU Deal Is A Strong Message To The World

Terming the proposed India–European Union free trade agreement the “largest FTA in the world”, European Council President Antonio Costa has said the deal goes far beyond commerce and will act as a powerful geopolitical signal at a time of growing global uncertainty. Read more

Reduced Tariff, Defence Partnership: 10 Things To Know About India-EU Free Trade Deal

After nearly two decades of stop-start negotiations, India and the European Union have finally concluded talks on an ambitious free trade agreement (FTA), widely billed as the “mother of all deals.” Read more

India-EU Summit 2026 LIVE Updates: All You Need To Know On India-EU Talks

India-EU Summit 2026 LIVE Updates: The two sides are expected to sign a memorandum of understanding on mobility to support Indian students, researchers and skilled professionals coming to Europe. Exploratory talks on India’s association with Horizon Europe, cooperation on the India–Middle East–Europe Economic Corridor and discussions on global challenges- including Ukraine, the Indo-Pacific and the Middle East- are also on the agenda.

India-EU Summit 2026 LIVE Updates: FTA Timing And Process

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.

India-EU Summit 2026 LIVE Updates: EU Chief At India's Republic Day Celebrations

India-EU Summit 2026 LIVE Updates: European Commission President Ursula von der Leyen said a “successful India makes the world more stable, prosperous and secure” as New Delhi hosted European Union leaders during India’s 77th Republic Day celebrations. Ursula Von der Leyen and European Council President Antonio Costa were chief guests at the Republic Day parade in New Delhi.

India-EU Summit 2026 LIVE Updates: What US Has Said On Potential India-EU Trade Deal

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.

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 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.

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