Trump and China Boost EU–India Relationship | The German Marshall Fund of the United States
Oct 6, EU leaders are today in Delhi for the 14th EU-India Summit, underlining the importance of the EU's relations with India, a country with which the. Mar 17, Agreement signed in took the bilateral relationship beyond trade and India-EU relations were reinvigorated through the 13th India-EU. Aug 27, The EU-India relationship is witnessing an extraordinary momentum, which was lost after the promising beginning of the strategic partnership.
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May Learn how and when to remove this template message The EU and India agreed on 29 September at the EU-India summit in MarseilleFrance's largest commercial port, to expand their co-operation in the fields of nuclear energy and environmental protection and deepen their strategic partnership.
French President Nicolas Sarkozythe EU's rotating president, said at a joint press conference at the summit that "EU welcomes India, as a large country, to engage in developing nuclear energy, adding that this clean energy will be helpful for the world to deal with the global climate change. This matter will come up and I hope some good results will emerge out of that meeting," Singh said when asked about the issue. Singh said that he was "very satisfied" with the results of the summit.
He added that EU and India have "common values" and the two economies are complementary to each other.
EU-India relations come full-circle
European Commission President Jose Manuel Barroso, also speaking at Monday's press conference, expounded the joint action plan on adjustments of EU's strategic partnership with India, saying the two sides will strengthen co-operation on world peace and safety, sustainable development, co-operation in science and technology and cultural exchanges.
Reviewing the two sides' efforts in developing the bilateral strategic partnership, the joint action plan reckoned that in politics, dialogue and co-operation have enhanced through regular summits and exchanges of visits and that in economy, mutual investments have increased dramatically in recent years, dialogue in macro economic policies and financial services has established and co-operation in energy, science and technology and environment has been launched.
Under the joint action plan, EU and Indian would enhance consultation and dialogue on human rights within the UN framework, strengthen co-operation in world peacekeeping mission, fight against terror and non-proliferation of arms, promote co-operation and exchange in developing civil nuclear energy and strike a free trade deal as soon as possible. A second promising area of cooperation is connectivity — trade, infrastructure, energy, digital, and people to people links connecting Europe and Asia.
China is currently the key actor aiming to build ports, road and rail networks connecting the two continents.
EU-India relations come full-circle – mafiathegame.info
While Europe is keener on participating in BRI than India, both actors agree than investments in BRI should be transparent, sustainable, follow international norms and standards and should not have overlapping commercial and military uses. All of these trends are visible from Pakistan to Sri Lanka. This can be a stepping stone for expanding its partnership with India.
While small steps, these developments signal new potential for the EU-India partnership. Particularly as the two partners are now seeking coordination on just bilateral but also regional issues. It will still be a while however, before India takes the EU seriously as a political and security partner. This will certainly add a new dimension to its partnership with India. The negotiations remain caught even after approximately 16 rounds of talks conducted till date.
In the past, negotiations were stalled due to larger political events, for example the detention of Italian marines in India which derailed the whole partnership significantly. The current sticking points are intellectual property rights, duties on automobiles and spirits, and visa regimes in Europe.
India–European Union relations - Wikipedia
The EU is demanding duty cuts on automobiles, wines, spirits and dairy products it exports to India, along with a strong intellectual property regime. India is asking for better mobility of its service professionals within Europe under a more liberal visa regime, and for data secure nation status — crucial for Indian IT companies wanting market access in Europe. Both France and Germany have been pushing for resumption of BTIA negotiations too as, with the UK gone, both countries stand to gain more from a free trade agreement with India.
However the visa regime is an issue for a number of other member states as well, and given the domestic political climate in many EU countries around issues of migration, movement of service professionals will remain a tricky issue politically.
India–European Union relations
India too has long been skeptical of free trade agreements and negotiators are overly cautious after mixed experiences with its ASEAN deal. The path ahead for BTIA negotiations remains perilous.
- What does India think?
- Politics Over Trade: A Revival of the EU-India Partnership
- The German Marshall Fund of the United States
With national elections around the corner in India, the political push required for starting yet another round of negotiations is missing. Many on the Indian side feel the negotiations have dragged on for too long and it might be a safer bet to switch to a less comprehensive agreement.
This would mean either reducing the issues which require negotiation or embedding the trade negotiations within a broader political process. Some experts suggest a high level strategic and economic dialogue which would provide a platform for discussing trickier issues while not holding up progress on other areas. In other words, an ongoing dialogue instead of an all or nothing agreement. Such a dialogue would go beyond the trade negotiators and might benefit from the overall political momentum.
Quite often Member States have the tendency to push tougher issues, like those concerning human rights violation, to the EU level. India on the other hand has limited capacity to deal with the myriad EU institutions and negotiations.