00:00Some call it the mother of all deals.
00:03That's European Commission.
00:05President Ursula von der Leyen speaking here in Davos about a trade deal with India.
00:10That's been 20 years in the making.
00:12Her comments come just weeks after Germany's China.
00:15Chancellor Friedrich Maas was in India pledging stronger business and.
00:20Defense ties, which may include a possible $8 billion.
00:25Marine deal.
00:26Now all of this is happening as U.S. President Donald Trump.
00:30He continues to pressure European allies of a Greenland, although he's now refraining.
00:35From imposing new tariffs over the matter.
00:40India is still facing some of the harshest U.S. tariffs, even after a cut.
00:45But purchases of Russian oil, the proposed EU India.
00:50The trade deal with significantly cut tariffs on more than 90% of good.
00:55It's traded between the two sides.
00:57That could help Prime Minister Naira.
01:00President Modi offset some of the damage from Trump's policies towards.
01:05India's biggest export market that is the United States.
01:10Wunderland says the agreement could give Europe a first move advantage.
01:15in one of the world's fastest growing regions.
01:18It's all part of a broader push.
01:20To reposition the block in an increasingly fragmented global economy.
01:25Immediately.
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