
World confident of stability after India's trade deals with EU, U.S., says PM Modi
The Hindu
PM Modi asserts global confidence in stability following India’s trade deals with the EU and U.S., marking a transformative era.
Prime Minister Narendra Modi on Thursday (February 5, 2026) said in the Rajya Sabha that the world is feeling more confident of stability after India's trade deals with the EU and the U.S.
Replying to a discussion on the Motion of Thanks to the President's Address, Mr. Modi said India does not have to either look back or stop but only move forward to achieve the goal of Viksit Bharat.
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"India is signing future-ready trade deals with several nations. In the last few days, we have signed trade deals with nine big nations, including the 'mother of all deals' with the 27-nation bloc of the European Union," he said.
He said the Opposition will have to one day reply to what they did to the nation in the past and added that lot of his energy was spent in rectifying the mistakes of the Congress-led governments.
"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... It is a good sign for the world," Mr. Modi said.

The U.S. has launched two investigations under Section 301 of the Trade Act of 1974 against India and other economies to examine practices that may be ‘unreasonable or discriminatory and burden or restrict U.S. commerce’. One probe examines whether countries, including India, are using excess manufacturing capacity to export to the U.S. in a manner that hurts American businesses, while another looks at whether countries have taken ‘sufficient steps’ to prohibit imports of goods produced with forced labour.












