India and the EU have finalised a landmark trade deal that will represent a quarter of the world's economy, Indian Prime Minister Narendra Modi said on Tuesday, as the two sides seek to hedge against fickle ties with the US.
After nearly two decades of on-off negotiations, the deal paves the way for India to open up its vast and guarded market, the world's largest, to free trade with the 27-member EU. The bloc is the country's biggest trading partner.
"Yesterday, a big agreement was signed between the European Union and India," Mr Modi said.
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