New EU‑India Trade Pact Called ‘Mother of All Deals’ by Diplomat

Lithuanian ambassador Diana Mikeviciene described the forthcoming EU‑India free trade agreement as the “mother of all deals,” a term that underscores its significance in shaping future trade architecture. She noted that the pact balances expanded market access for goods and services with robust safeguards for sectors considered high‑risk.

The ambassador said both India and the EU benefit from a carefully calibrated approach that encourages commerce while protecting strategic interests. The agreement is projected to become a benchmark for international trade, serving as a blueprint for subsequent multilateral negotiations.