Spain's Albares says India-EU on cusp of trade deal, plan stronger defence ties
Spain's Foreign Minister José Manuel Albares announced that a historic trade deal between India and the EU is expected to be finalized in the coming days, aimed at creating the world's largest free-trade zone. This agreement is seen as a safeguard against economic coercion, especially in light of U.S. tariffs. Additionally, discussions on strengthening defense ties were held, with a focus on joint manufacturing capabilities, exemplified by a partnership between Airbus and Tata Group to produce C-295 aircraft in India.
Reuters·