The European Union is on the cusp of signing a historic trade agreement with India that is being called 'the mother of all deals', European Commission President Ursula von der Leyen announced on Tuesday (January 20, 2026), asserting it will create a market for 2 billion people or about one-fourth of the global GDP.
In a special address in Davos at the World Economic Forum Annual Meeting, she said the real would crucially provide a first-mover advantage for Europe with one of the world's fastest-growing and most dynamic continents.
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"Right after Davos, I will travel to India. There is still work to do. But we are on the cusp of a historic trade agreement. Some call it the mother of all deals," she said.
"Europe wants to do business with the growth centres of today and the economic powerhouses of this century.”
