Source: European Commission (video statements)
In a landmark address from Gothenburg, Sweden, European Commission President Ursula von der Leyen joins Indian Prime Minister Narendra Modi and Swedish Prime Minister Ulf Kristersson to unveil the "mother of all deals"—a historic EU-India trade agreement covering 2 billion people (25% of global GDP) with 90% tariff cuts.
This $2 trillion market deal will boost trade, create jobs, and strengthen supply chains, while paving the way for deeper investment, security, and tech cooperation—including AI, semiconductors, and space exploration.
🔹 Key Highlights: ✅ Trade: 90% tariff cuts, record-speed implementation by end of 2026 ✅ Investment: Next phase to de-risk supply chains and diversify economic ties ✅ Security & Defence: Joint naval exercises, cybersecurity, and critical infrastructure protection ✅ Tech & Space: AI governance, semiconductor collaboration, and EU-India space missions ✅ Sweden-India Partnership: Commitment to double bilateral trade in 5 years
📌 Why This Matters: This deal marks a new era in EU-India relations, countering global instability with economic resilience, strategic autonomy, and shared prosperity.
Chapters
0:00 – Introduction: Gothenburg as a Trade Hub
0:25 – "Mother of All Deals": $2T Market & 90% Tariff Cuts
1:10 – From Gothenburg to Gujarat: Jobs & Prosperity
1:45 – Fast-Tracking the Deal: Business Event & Day-One Benefits
2:20 – Next Step: Investment Agreement to De-Risk Supply Chains
3:00 – Sweden-India Strategic Partnership: Doubling Trade in 5 Years
3:40 – Security & Defence: Naval Exercises & Cybersecurity
4:30 – Tech & AI: Semiconductors, Digital Systems & Supply Chain Resilience
5:10 – "Shooting for the Stars": EU-India Space Cooperation
6:00 – Conclusion: A New Era in EU-India Relations
Watch on the Audiovisual Portal of the European Commission:
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