The defining moment of this shift is the 2026 conclusion of the India-EU Free Trade Agreement, described as a "mother of all deals," marking a move away from inward-looking policies toward deep integration with key Western economies.
German Foreign Minister Johann Wadephul welcomed the EU-India Free Trade Agreement (FTA), calling it a significant step toward strengthening bilateral ties and supporting global commerce.
Finnish President Alexander Stubb welcomed the EU-India Free Trade Agreement as historic. India and the EU concluded the long-pending pact, cutting tariffs on most goods. Leaders called it a major boost to trade and ties, with PM Modi urging businesses to deepen cooperation.
The FTA establishes a long-term, rules-based framework to unlock growth in trade, investment, and industrial collaboration for a combined market of nearly 2 billion people.
Sachdev, in a conversation with ANI, said that after the agreement, the export of Indian goods and services to Europe is expected to go up to USD 250 to 270 billion.
Albares, while delivering his opening remarks, said that Spain is keen to join Indo-Pacific Ocean Initiative and is keen to work bilaterally with through the European Union.
Congress MP Shashi Tharoor hailed the news that New Zealand's Labour Party has supported the Free Trade Agreement (FTA) between New Delhi and Wellington, paving the way for the matter to be legislated.
EU Commission President Ursula von der Leyen stated that the EU is close to finalising a free trade deal with India. She will visit India next weekend, as EU leaders attend India's Republic Day celebrations and co-chair the India-EU Summit, aiming to deepen strategic and economic ties.
Polish Prime Minister and Minister of Foreign Affairs Radoslaw Sikorski, outlining the importance of his visit to India, said that Poland has faced "increased tariffs" and seeks new trade partners, focusing on the need to create a free trade environment.
Ambassador of Italy to India, Antonio Bartoli, emphasised the "reliable" partnership between Rome and New Delhi and said it will be further enhanced by the conclusion of the European Union-Indian Free Trade Agreement.
German business is eagerly looking forward to having this Free Trade Agreement (FTA), and India is a key partner for Germany, said Philipp Ackermann, German Ambassador to India while speaking to ANI on Friday. This statement comes ahead of the official visit of the Federal Chancellor of t