'Very disappointing': Trump's Treasury Secretary says Europe prioritised trade over Ukraine with EU-India FTA India and the European Union on Tuesday sealed a landmark free trade agreement-- billed as the "mother of all deals" -- to create a market of two billion people. Washington:US Treasury Secretary Scott Bessent criticised Europe's decision to conclude a major trade agreement with India, saying the move indicated that the European Union had prioritised commercial interests over its professed support for the Ukrainian people. "Russian oil goes into India, refined products come out, and the Europeans buy the refined products," he said, arguing that Europe was effectively "financing the war against itself." The US Treasury Secretary noted that he had raised similar concerns last week, even before the trade agreement was formally concluded. "And just to be clear again, the Russian oil goes into India, the refined products come out, and the Europeans buy the refined products.