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flag EU and India near major trade deal to boost commerce and diversify supply chains amid global tensions.

flag EU leaders are in New Delhi for high-level talks with India, aiming to finalize a major free trade agreement that could slash tariffs on European goods like cars and wine, boost trade to $135 billion, and strengthen economic ties amid global instability. flag The deal, seen as strategic for diversifying trade and reducing reliance on the U.S., faces criticism from the Trump administration, which claims EU purchases of refined Russian oil from India undermine sanctions. flag Despite tensions, EU officials stress the pact’s importance for market access and supply chain resilience, while also reaffirming support for Ukraine and continued pressure on Russia.

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