New Delhi: Prime Minister Narendra Modi has described the India-European Union (EU) Free Trade Agreement (FTA) as a transformative deal that will expand markets and create Employment opportunities across the country.
In a post on the social media platform X, the Prime Minister highlighted an article by Union Minister Piyush Goyal on the historic India-EU trade agreement, noting that the deal fully aligns with the vision of a developed India.
TrendingUnion Commerce and Industry Minister Piyush Goyal termed the successful conclusion of the India-EU FTA a historic achievement. He contrasted it with previous agreements during the UPA era, which were rushed and involved India making greater sacrifices than gains.
Goyal emphasized that the trade pact with the European Union will strengthen key sectors of India’s economy and promote overall prosperity.
He further explained that under Prime Minister Modi’s decisive leadership and strategic foresight, the agreement prioritizes India’s core interests while expanding markets, generating jobs, and accelerating economic growth.
Responding firmly to Congress criticism of the FTA, Goyal stated that the deal is mutually beneficial, not one-sided, and will boost India’s economic growth while opening broad opportunities for businesses and citizens alike.
According to Prime Minister Modi, the agreement will deepen economic ties, create opportunities for the people, and strengthen the India-Europe partnership for a prosperous future.
PM Modi pointed out that this historic deal, India’s largest free trade agreement to date, will bring significant benefits to the nation’s 1.4 billion population. It will ease access to European markets for farmers and small industries, generate new opportunities in manufacturing, and enhance cooperation in service sectors.
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