EU nears historic trade deal with India, von der Leyen says

DAVOS, Jan 20 (Reuters) - The European Union is on the verge of concluding a free trade agreement with India, although work remains to get it over the line, European Commission President Ursula von der Leyen said in a speech at the World Economic Forum in Davos on Tuesday.

"There is still work to do. But we are on the cusp of a historic trade agreement. Some call it the mother of all deals. One that would create a market of 2 billion people, accounting for almost a quarter of global GDP," she said in a section of her speech on EU efforts to diversify its trade.

Von der Leyen is expected to visit India early next week.