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Euronews
Euronews
Daniela Schwarzer, Member of the Board, Bertelsmann Stiftung

Europe's 'India bet' is finally real, and it is bigger than trade

After two decades of stop-start negotiations, the EU and India have clinched what was called the "mother of all deals": a free trade agreement that would cut or eliminate tariffs on 97% of EU goods exports to India and grant preferential access in the other direction for 99% of Indian exports by value.

That the deal came together at all, despite widely diverging positions, marks a shift on both sides.

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