Established in 1968, the EU Customs Union is a foundational pillar of European economic integration. With Turkey in the mix, India’s biggest deal with the EU suddenly looks more complicated.
For India and the EU, the reliance on the US for security needs and on China for goods and services is associated with greater risks and vulnerability to major disruptions.
Number of sectors, including marine products, gems & jewellery textiles have been impacted by US tariffs. Indian exporters will see better access to EU markets in these areas.
Substantial differences remain between India & EU on negotiations for the Free Trade Agreement. It remains unclear whether agriculture or which parts of this sector will be included in the FTA.
An India-EU FTA is far more than a trade negotiation—it’s a test of whether two large democracies can craft a pragmatic partnership in a polarising world.
The Russian president is visiting India on 4-5 December for annual summit between the two nations, amid global tensions over war in Ukraine, and FTA talks between India and EU.
In the context of the new emerging global order, India was required to reshape and nuance its foreign policy. It has done so, based on core national interests. Will the EU do the same?
Armenia has procured significant defence equipment from India, including artillery guns, multi-barrel rocket launchers, air defence system, sniper rifles, weapons locating radars, anti-drone weapons.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
As usual, socialist India will fail at this, too.