 "Prime Minister Narendra Modi with European Commission President Ursula von der Leyen in New Delhi on Friday")
Prime Minister Narendra Modi and European Commission President Ursula von der Leyen on Friday set a deadline to seal the long-pending free-trade agreement (FTA) by the end of this calendar year, amid fears of an escalating trade war and a changing geopolitical landscape.
The trade deal will be accompanied with pacts on investment protection and geographical indicators (GI).
Finalising a trade deal is expected to give a fresh impetus to relations between India and the European Union (EU), amid fast-changing geopolitical scenarios — diversifying supply chains from China and, more recently, the escalating trade war due to reciprocal tariff threats
