By Admin 
Free Trade Agreement with India has become the most important economic priority for Germany and the entire Europe at this time. Speaking at the World Economic Forum, Germany’s Chancellor Friedrich Merz said the world is now in an era of “great powers”, where it is important to stand with trusted partners against protectionism and isolationism. In such a situation, India-EU trade deal gives a strong and positive signal. According to Merz, Europe needs rapid economic growth and a fast-growing economy like India can play a key role in this. European Commission President Ursula von der Leyen’s visit to India and summit talks with PM Narendra Modi are big steps towards giving final shape to this deal. It is being called the “mother of all trade deals”, which will cover a market of about 2 billion people and about one-fourth of global GDP. EU is currently India’s largest trade partner and bilateral trade is more than 135 billion dollars.