External Affairs Minister S. Jaishankar urged the start of formal discussions on a free trade agreement between India and the European Union as the European Commission prepares for its first-ever visit. He highlighted the significance of strengthening bilateral ties during globally turbulent times, addressing international law violations, and advocating for deepened cooperation across various sectors, including trade and technology.
External Affairs Minister S. Jaishankar voiced the necessity for India and the European Union (EU) to advance discussions on a free trade agreement (FTA) as the European Commission prepares for an unprecedented visit to India. The visit, led by President Ursula von der Leyen and comprising 27 commissioners, aims to enhance partnerships across various sectors. Jaishankar emphasized that with 15 years of FTA negotiations, it is time to proceed with definitive action.
At the IIC-Bruegel seminar in New Delhi, Jaishankar highlighted the increasing engagement between India and the EU, expecting this momentum to grow. He characterized a robust India-EU relationship as crucial in addressing global volatility, asserting that deeper collaboration serves mutual interests. Without directly naming China, he remarked on the disregard for international law in the region, alluding to the geopolitical stakes involved.
Jaishankar expressed concerns regarding inconsistencies in how democratic principles and military rules have been applied internationally. He suggested that geopolitical agendas should not be dictated by a few nations at the expense of others, hinting at external interventions in domestic politics. He emphasized that global dynamics are shifting, impacting multiple domains, including energy, connectivity, and technology.
He referenced current global conflicts, noting they are often framed as principle-driven, yet they reveal selective application of these principles. The minister pointed out that India continues to face unresolved territorial aggressions and terrorism, underscoring a need for a comprehensive response to these challenges. Addressing various issues such as trade, digital technology, and climate action, Jaishankar positioned these elements within an evolving geopolitical context.
The article revolves around the upcoming visit of the European Commission, emphasizing the importance of strengthening India-EU relations. Over 15 years, both parties have discussed a free trade agreement, with increased recent engagements marking a shift in bilateral cooperation. Jaishankar elaborates on the geopolitical landscape, hinting at challenges posed by regional dynamics and urging a stronger collaborative effort in critical areas affecting global stability. Jaishankar’s observations facilitate understanding of India’s foreign policy approach amid global tensions while reflecting on the interplay of trade, technology, and climate within geopolitical discussions. This context is essential for grasping the implications of India-EU relations and their potential to influence regional security and economic growth.
In conclusion, Jaishankar’s commentary highlights the urgent need for formalizing the India-EU FTA amid shifting geopolitical circumstances. The visit of the European Commission represents an opportunity for heightened collaboration, addressing broader issues transcending mere economic agreements. With geopolitical tensions and selective principles at play, India seeks to foster a more stable and predictable partnership with the EU, underlining the necessity of mutual cooperation to confront shared global challenges.
Original Source: indianexpress.com