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  • The EU and India, against a challenging global trade backdrop, have signed the mother of all trade deals. 
  • Both sides made concessions on agriculture and climate to reach a “win-win” free trade agreement. 
  • The direct boost to EU GDP from rising exports to India is small, but the indirect lift could be greater.

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Keywords for: 28 January 2026 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence