The recently concluded India-EU summit was ‘historic’, says Herve Delphin, the EU Ambassador to India, highlighting growing strategic convergences between New Delhi & Brussels.
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.
A series of pronouncements by CJI Surya Kant-led benches last week—from Sabarimala to CAA and freebies—are set to resonate in the coming Assembly elections.
Initial talks held on the possibility of India entering the programme that was started in 2017 between France, Germany and Spain to ensure European sovereignty in defence and security.
COMMENTS