Here's What's Inside the Massive EU-India Trade Deal

• The EU-India trade deal, termed 'the mother of all deals,' was finalized after nearly two decades of talks.
• It is India's largest ever trade agreement, opening its protected market to European goods by dramatically reducing tariffs on items like cars, spirits, and processed foods.
• Europe secured preferential access for up to 250,000 cars, including electric vehicles, in India's third-largest automotive market.
• India gains broad access to the EU market, with sensitive sectors like steel and agriculture protected by review clauses and guardrails.

The EU and India have finalized a landmark trade deal after two decades of negotiations, marking India's largest ever trade agreement. This deal aims to open India's heavily protected market to European goods like cars, wine, and processed foods by significantly reducing tariffs, while also providing India with broader access to the EU market. It creates a free trade zone of 2 billion people amidst rising global protectionism.