New Delhi, May 22 -- President of Cyprus, Nikos Christodoulides on Friday said progress on the proposed India-European Union free trade agreement (FTA) could lead to the creation of one of the world's largest free trade zones covering a market of nearly two billion people, as India and Cyprus elevated their ties to a strategic partnership.

Addressing a joint press meet with Prime Minister Narendra Modi, the Cyprus President said, "The progress on the milestone free trade agreement, creating one of the world's largest free trade zones in a market of 2 billion people, the Security and Defence Partnership, and the Joint Comprehensive Strategic Agenda sent a clear message -- a message of confidence, ambition, and deeper cooperation across tr...