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1) India ranks 3rd among Global South economies in trade partnership diversity, as per United Nations Conference on Trade and Development (UNCTAD) Trade and Development Report 2025, and its diversity index score is higher than all Global North countries.

2) India–European Union (EU) Free Trade Agreement (FTA) negotiations were concluded in January 2026 and described as the “Mother of All Deals,” marking a major strategic trade milestone in 2026.

1. India–EU ties gain strategic momentum ahead of New Delhi summit, aiming for a new Joint Strategic Agenda and revival of long-pending Free Trade Agreement negotiations across sectors rapidly.

2. EU became India’s largest goods trading partner, with bilateral merchandise trade about $136 billion in 2024–25, covering machinery, transport equipment, chemicals, metals, mineral products and textiles overall strength.