Prime Minister Narendra Modi highlighted India’s recent trade agreements with the EU and the U.S. as pivotal for global economic stability, emphasizing India’s growing influence in the world economy. He noted that these ‘future-ready’ deals reflect international confidence in India’s economic trajectory, positioning the nation as a key player on the global stage.
Replying to the debate on the Motion of Thanks to the President’s Address in the Rajya Sabha, Modi said India was moving steadily towards its goal of Viksit Bharat and had no reason to pause or look back.
“India does not have to look back or stop. We have to only move forward,” he said, amid sloganeering by opposition members. Future-ready trade deals gain momentum
Modi said India has signed “future-ready” trade agreements with nine major economies in recent days, reflecting growing global interest in deeper economic engagement with the country. He described the free trade agreement with the 27-nation European Union—finalised on January 27—as the “mother of all deals”.
“When the trade deal with the European Union took place, the world became more confident of stability. After the trade deal with the U.S., the world has still more confidence. This is a good sign for the world,” stated Modi.