The European Union has proposed a new strategic agenda that could increase its engagement with the new Delhi in several key sectors, such as defense, trade and technology at a time when the new Delhi is engaged in US administration under President Donald Trump in Post-Tariffs.
“Now it is time to double a partnership rooted in shared interests and led by common values. With our new EU-India strategy, we are moving our relationship to the next level.” The President of the European Commission Ursula von der Leyen said he announced the initiative on 17 September.
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The new document was published in Brussels by the European Commission and a high representative of the 27-Country block for foreign affairs and security policy, Kaja Kallas.
However, Kallas said that Indian military exercises and its purchase of Russian oil “stand in the way of closer ties”. “Indian participation in Russian military exercises and its purchase of Russian oil is in the way closer to ties. Because ultimately our partnership is not only about trade, but also about the defense of the international order based on the rules,” she added: “Our actions are dealing with these challenges to accept the EU-India Summit.”
President Ursula von der Leyen said that Europe is already the largest Indian business partner. “We have undertook to complete our free trade agreement by the end of the year. Europe is open to business. And we are ready to invest in our shared future with India,” she said.
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FTA assumes importance in turbulence created by tariff policies of American administration. This is also significant because the EU-USA agreement is followed. The EU indicated the flexibility for the US to a disputed mechanism of modifying carbon boundaries.
The Commission said its narrower partnership with India is increasingly increasing as a result of the shift of geopolitical reality and that it is essential that both parties strengthen economic growth and safety. The European Union is the largest Indian business partner and in the financial year 2023-24 records bilateral trade in goods.
Last week, the Swedish ambassador to India, Jan Theesleff, Livemint said that the EU-India trade agreement could become the largest in the world and cover 1.9 billion people.
President Ursula wishes PM modi
Hours after the “new strategic eu-India” strategic agenda, Prime Minister Narendra Modi and the President of the European Commission Ursula von der Leyen, reaffirmed their obligation to complete a highly expected free trade agreement in India by the end of the year.
The best EU leader dialed Modi to greeted him for his birthday. In a telephone interview with the head of the European Commission, Prime Minister Modi told his recognition for the EU to adopt a new strategic agenda, which aims to “deepen, expand and better coordinate” bilateral cooperation between the two parties.
Strategic Partnership in India-Eu
PM Modi thanked President Ursula for her birthday greetings. “Be aware of the” new strategic eu-India “strategic agenda today. India is ready to transfer the relationship of India-EU to the next level. It is our common commitment, shared goal and shared responsibility. We seemed to be committed to the initial and peaceful resolution of Ukraine.”
The Prime Minister’s office stated in a statement that both leaders “welcomed efforts to further strengthen the strategic partnership in India-EU for mutual prosperity, as well as to solve global questions, support stability and support the order-based order”.
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“India is still determined for the timely and peaceful resolution of the conflict in Ukraine,” she said.
The new agenda is an important milestone in relations between the two sides because it aims to “deepen, expand and better coordinate” bilateral cooperation, increase prosperity and security for both partners and help solve the main global challenges, the Commission said, said the Commission said
The program will have to be ratified by all 27 EU Nations. After the ratification process, it will be admitted to the India-EU summit, which is expected to take place in the first quarter of next year.
Identified five key areas
The new strategic agenda identifies five areas of shared interest that includes security and defense, connectivity and global problems, prosperity, sustainability, technology and innovation.
“In addition to the bilateral dimension, the new strategic agenda emphasizes the joint involvement in India on global issues of third partners, reflecting the growing global influence of India,” the EU said.
Defensive pillar
According to a defensive pillar, the document identified maritime safety, cyber defense and anti -terrorism as an area for expanding cooperation.
He stated that the commencement of negotiations on the security of the information agreement with the aim of facilitating a classified exchange of information will be supported by closer security and defense cooperation.
Closer cooperation in Indo-Pacific, Hybrid threat solutions, universe security and enhancement of involvement in the Russian War against Ukraine and sanctions are other areas, she said.
Now it is time to double a partnership rooted in shared interests and led by common values.
However, the document did not work on his reference to sanctions.
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The new strategic agenda also emphasized the strengthening of regional connectivity initiatives such as the economic corridor of the India-Middle East-Europe (IMEC) and strengthens the global gate and trilateral cooperation of the EU-India with third countries and third countries.
(Tagstotranslate) EU India Relations
