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Modi to Attend EU Council, Unlock €2bn Trade Deal
Politics
6h agoPOLITICO

Modi to Attend EU Council, Unlock €2bn Trade Deal

OptimisticReporting

Indian Prime Minister Narendra Modi is expected to attend the December European Council, creating an opportunity to sign a long-awaited EU-India trade agreement. The deal would grant EU businesses access to India's market of 1.4 billion people and represents a strategic economic partnership between the blocs. The participation signals renewed EU engagement with India amid broader geopolitical shifts.

Byte's take

Strategic hedging pays off: the EU locks in a $2bn trade deal with India while diversifying away from Western-centric economics. Modi's December Council visit signals both sides are ready to bypass years of stalled negotiations and tap into each other's massive markets.

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