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European Commission President von der Leyen said EU and India finalised a trade deal, and calls it "the mother of all deals"

The finalization of the EU-India trade deal, dubbed "the mother of all deals," signals a significant strengthening of economic ties between the two regions.

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This development could enhance trade flows, benefiting sectors exposed to exports, and may contribute to a more positive sentiment in both the eurozone and Indian markets. Traders should consider potential upward pressure on the EUR against the INR and how this agreement may influence broader trade dynamics in Asia and Europe.

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