In a landmark diplomatic achievement, Prime Minister Modi and EU President Ursula von der Leyen have concluded negotiations for the India-EU Free Trade Agreement. Labeled as the “Mother of all deals,” the agreement provides much-needed clarity on textile origin rules and market access. While the legal signing is slated for late 2026, the deal is expected to revolutionize Indian exports to Europe. However, Indian lawmakers remain cautious regarding the EU’s Carbon Border Tax (CBAM) and its potential impact on domestic manufacturers.