THE European Union should hold crucial discussions with India Friday to strengthen trade links in the midst of a new emergency, while observers warn that imminent American prices can affect the dynamics of global trade and reshaping between the United States, Europe and Asia.
New Delhi and Brussels will also organize their second session of the Commerce and Technology Council, similar to a partnership that India has with the UNITED STATES. India and the EU have been pursuing a free trade agreement (ALE) for a long time, but progress has been slow, talks falling on various issues.
“The geopolitical context has proven to be much more important than what was initially planned (for Reunion),” Mohan Kumar, a former Indian diplomat and professor at Op Jindal Global University Partnership told a webinar. changing world order ”on Monday.
“But if a tariff war with the United States and the geopolitical uncertainties brought by Trump cannot force India and the EU to sign an ALE, then I don’t know what will do,” he declared.
US President Donald Trump has repeatedly threatened a trade war with the EU unless the block bought American oil and gas, declarations strangely similar to those he made about India after criticizing the prices high of Delhi.
Indian Prime Minister Narendra Modi went to Washington earlier this month, in which both sides accepted to extend the bidirectional tradeBut due to Trump’s erratic nature, experts suggested that Delhi diversify his partnerships.
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