European Union trade chief Maroš Šefčovič said a trade deal with India is “very close” as the bloc aims to reduce steep tariffs for European companies in one of the fastest growing, but heavily protected, markets in the world.
In an interview with Euronews, Šefčovič said the two sides are “checking their final numbers” and referred to the agreement as the “mother of all deals” as it looks to open a market of 1.4 billion people for European exports and services.