European Council President António Costa helped finalize a major India-EU trade deal in New Delhi on January 27, 2026.

On January 27, 2026, European Council President António Costa, who is of Goan descent, assisted in the finalization of a historic free trade agreement between India and the EU in New Delhi, describing it as a historic and personal achievement. As an Overseas Citizen of India (OCI), Costa emphasized his father's cultural connections to the area and his family's origins in Margao, Goa, a former Portuguese colony. The agreement, dubbed the "mother of all deals," covers more than 90% of goods and improves market access in important industries with the goal of increasing trade, investment, and strategic cooperation between the two regions.