New Delhi : Prime Minister Narendra Modi has lauded the newly finalized Free Trade Agreement (FTA) between India and the European Union, characterizing it as a transformative moment for the nation’s economic landscape. The Prime Minister emphasized that this landmark deal is not merely a commercial exchange but a vital bridge that will connect Indian traders with one of the world’s most sophisticated markets.
Speaking at the start of the Budget Session of Parliament. May both Houses witness meaningful discussions on empowering citizens and accelerating India’s development journey. https://t.co/tGqFvc4gup
— Narendra Modi (@narendramodi) January 29, 2026
Speaking on the implications of the pact, PM Modi underscored that the agreement aligns seamlessly with the “Aatmanirbhar Bharat” (Self-Reliant India) initiative. He urged Indian manufacturers and entrepreneurs to focus on producing “best quality products” to meet the rigorous standards of European consumers. He noted that the elimination of trade barriers would provide an unprecedented platform for local businesses to showcase Indian craftsmanship and technological innovation on a global stage.
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By competing in the European market, Indian goods are expected to achieve a level of excellence that will make them competitive worldwide. The Prime Minister highlighted that this “golden era” of trade will significantly benefit small and medium enterprises (SMEs), which form the backbone of the Indian economy.
The Prime Minister reiterated that a stronger India-EU partnership contributes to global economic stability. He urged the trading community to seize this moment to reduce import dependencies and transform India into a global manufacturing hub.
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