The European Union and the Mercosur bloc of South American countries have formally signed a long-sought landmark free trade agreement.

Calling the deal balanced and forward-looking from India’s perspective, Agrawal said the agreement would strengthen economic integration between India and the EU and help boost trade and investment flows in both economies.

India and the European Union (EU) have successfully concluded negotiations for the proposed Free Trade Agreement (FTA), commerce secretary Rajesh Agrawal announced on Monday. He described the deal, which is set to be formally announced on January 27,

In a vote in Strasbourg, France, lawmakers narrowly approved sending the EU-Mercosur agreement to Europe's top court to rule on whether it is in line with the bloc's treaties. The result was 334 votes in favor to 324 against,

European Commission President Ursula von der Leyen on Monday highlighted India’s growing global role, saying a strong and successful India is essential for a more stable, prosperous and secure world,

Once signed, and ratified by the European Parliament, a process that could take at least a year, the pact could expand bilateral trade, and lift Indian exports such as textiles and jewellery, which have been hit by 50% U.S. tariffs since late August.

Long-awaited pact promises tariff cuts and services access even as critics warn of risks to policy autonomy and farmers

European Union lawmakers on Wednesday voted to block a major free trade agreement with the Mercosur group of South American countries over concerns about the legality of the deal. In a vote in Strasbourg,