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Relations between the European Union and the Republic of India are currently defined by the 1994 EU–India Cooperation Agreement. The EU is a significant trade partner for India and the two sides have been attempting to negotiate a free trade deal since 2007. [1]
Over the past three years, India has held numerous joint military exercises with US and European nations that have resulted in a strengthened US-India and EU-India bilateral relationship. India's bilateral trade with Europe and the United States had more than doubled in the five years since 2003. [47]
Counting the European Union (EU) as one, the World Trade Organisation ranks India fifth for commercial services exports and sixth for commercial services imports. [4] The two primary destinations of India's exports are the EU and the United States, whereas the China and the EU are the two primary countries from which India's imports come from. [1]
The India-Middle East-Europe Economic Corridor (IMEC) is a planned economic corridor that aims to bolster economic development by fostering connectivity and economic integration between Asia, the Persian Gulf and Europe. [1] [2] The corridor is a proposed route from India to Europe through the United Arab Emirates, Saudi Arabia, Israel and ...
For Europe, the key is approaching negotiations with the U.S. from a position of shared long-term objectives. European leaders should be clear about their priorities and open to compromises that ...
The India–United Kingdom free trade agreement is a proposed free trade agreement which began negotiations in January 2022. [1] When completed it will be the first comprehensive free trade agreement that India has signed with a European country; it is expected be the third trade agreement signed by Britain since leaving the European Union negotiated completely anew.
The European Union has concluded free trade agreements (FTAs) [1] and other agreements with a trade component with many countries worldwide and is negotiating with many others. [2] The European Union negotiates free trade deals on behalf of all of its member states, as the member states have granted the EU has an "exclusive competence" to ...
After a draining six-week election campaign, the center-left politician must get straight to work assembling his government, tackling a mountain of domestic problems and putting his stamp on the U ...