Deciphering the “Mother of All Trade Deals”: The India–EU FTA
Kumar frames the India–EU FTA as a deal India needed, not one it merely chose, arguing that with the multilateral trade system weakened, FTAs have become the practical route to secure market access and signal openness to investment. He places the EU among India’s “$100 billion club” trading partners and explains why this agreement fills a gap India cannot realistically close with China, and cannot replicate with the United States in the form of a full FTA.
On timing, he calls the early 2010s a missed opportunity but notes that current geopolitical conditions have raised India’s value for…
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