‘Mother of all deals’: EU and India sign free trade agreement

<p>Tariffs cut to zero for many industrial products, including iron and steel, plastics, chemicals and pharmaceuticals</p><ul><li><p><a href="https://www.theguardian.com/world/live/2026/jan/27/european-union-india-trade-deal-ukraine-greenland-holocaust-news-updates-europe-live">Europe live – latest updates</a></p></li><li><p><a href="https://www.theguardian.com/business/live/2026/jan/27/eu-car-sales-electric-tesla-elon-musk-gold-rises-business-live-latest-news-updates">Business live – latest updates</a></p></li></ul><p>India and the EU have finalised a landmark free trade agreement, which the European Commission president, Ursula von der Leyen, hailed as the “mother of all deals”.</p><p>The agreement comes after almost two decades of on-off negotiations between India and the EU, which vastly accelerated in the past six months and were finally concluded late on Monday night.</p> <a href="https://www.theguardian.com/business/2026/jan/27/eu-and-india-sign-free-trade-agreement">Continue reading...</a>