Brussels has announced an agreement with India as the European Union prepares to impose sanctions on Russia, Bloomberg said Monday. It is another sign that the EU is moving beyond the US in its global relations.
Details of the EU’s new“Strategic agenda” for India, including proposals on science, technology and security, were announced yesterday, while reiterating the EU’s expectation of a free trade agreement with India this year. The commission also announced that the eu-india Security and defence partnership is being explored. Reported that the European Commission announced the timing of very intriguing. President Donald Trump has been pressing the Europeans to impose tariffs on Indian imports of Russian oil, and so far the Europeans have not backed the demand.
The Business Standard said Indian exporters were looking for a big market to absorb their products in the face of tensions between the US and India over a pending trade deal, india has decided to speed up negotiations with the European Union, its second-largest trade exporter. The cars, alcohol and agricultural products that are of most interest to the EU are sensitive areas for India, which is prioritising non-tariff EU issues relating to safety, packaging and environmental regulations, the two sides have yet to resolve their differences in these areas. Indo-european consultations will continue in October.
India’s“Deccan Herald” 18, said the acceleration of trade talks between India and Europe and both sides are facing external pressure, both sides urgently need to reach an agreement to counter the US tariff offensive. Both India and Europe are now seeking to diversify away from the United States, which has imposed a 50 percent tariff on India, leaving Indian exporters desperate to find alternative export destinations, and the EU thinks India’s growing middle class can absorb its products quickly.
According to New Delhi television reported that Russian President Putin 17 and Indian Prime Minister Narendra Modi telephone, and send birthday wishes to Molde FK. The Russian side said the two leaders exchanged views on international issues, including the situation in Russia and Ukraine, and talked about Putin’s planned visit to India in December. The day before, Donald Trump called Molde FK in advance to congratulate him on his 75th birthday. (Pak Yuen)