May 15, 2021 Share
The decision by India and the European Union to restart stalled talks on a free trade pact comes amid growing unease on both sides about China’s rise, according to analysts.
The decision was announced following a summit of EU leaders in Portugal last week, which Indian Prime Minister Narendra Modi joined via video conference.
The meeting was held days after the EU suspended efforts to ratify an ambitious investment agreement with China following tensions that have grown between the 27-member bloc and Beijing about its treatment of the Uyghur population in Xinjiang province.
Although reviving trade negotiations that were abandoned by India and Europe in 2013 will not be easy, the move is being seen as part of efforts by both sides to build closer ties in what analysts call a new “geopolitical and geo-economic environment.”
With Eye on China, India and Europe to Restart Stalled Trade Talks
Voice of America
15 May 2021, 00:05 GMT+10
NEW DELHI - The decision by India and the European Union to restart stalled talks on a free trade pact comes amid growing unease on both sides about China s rise, according to analysts.
The decision was announced following a summit of EU leaders in Portugal last week, which Indian Prime Minister Narendra Modi joined via video conference.
The meeting was held days after the EU suspended efforts to ratify an ambitious investment agreement with China following tensions that have grown between the 27-member bloc and Beijing about its treatment of the Uyghur population in Xinjiang province.
EU and India agree to relaunch trade talks at landmark summit
8 hours ago Ursula von der Leyen speaks during a media conference at an EU summit in Porto, Portugal, on Saturday. Agence France-Presse The EU and India agreed on Saturday to relaunch long-stalled trade talks in a major push to boost ties at a video summit held under the shadow of the Covid-19 pandemic battering the south Asian giant.
“The EU and India are opening a new important chapter in our relationship. We are the world’s two largest democracies. We are natural partners,” European Council chief Charles Michel said.
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