India-EU signs ‘Mother of all deals’: What is the European Union and which countries are part of it?
Prime Minister Narendra Modi on Tuesday announced that India and the EU have reached a free trade agreement (FTA), saying it accounts for 25 per cent of global GDP and one-third of global trade. New Delhi: Prime Minister Narendra Modi on Tuesday announced that India and the European Union have successfully concluded a landmark Free Trade Agreement (FTA), describing it as the "mother of all deals" that will significantly reshape global trade, manufacturing, and supply chains. What is the European Union? The European Union (EU) is a political and economic union of European countries formed to promote peace, stability, economic…