EU chief to seek closer military, trade and tech ties on India visit -Breaking
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© Reuters. Ursula von der Leyen is the President of European Commission. She walks following a speech she gave at the National and European Day of Tribute to Victims of Terrorism Ceremony held at Grand Trianon Estate, Versailles, France on March 11, 2022. Emmanuel Dunand/Pool vBRUSSELS (Reuters). During her meeting with India’s Prime Minister in New Delhi, the chief executive of European Union will look to expand sales of European-made military equipment and relaunch discussions on a free trade arrangement.
Ursula von der Leyen is the President of European Commission. This visit follows Boris Johnson’s last week trip.
The senior EU official stated that “a lot of Western leaders are reaching out to India right at this moment to find alternative solutions.” The official stated that the key message was that the EU wants to promote this relationship and work together on technology. India should be invited into the camp.
Von der Leyen, the first president of European Commission, arrived in India Sunday to conduct a two-day visit.
India did not condemn Russia’s invasion of its largest military hardware supplier, Russia on February 24, 2014.
According to a senior EU official, Von der Leyen wants to reach an agreement with Narendra Modi (India’s prime minister), to establish a new technology and trade council that is similar to the EU-U.S model. This could include discussions about digital privacy regulation, supervision of social media platforms, and regulatory compliance for technology companies.
India and the EU will likely also agree to resume free trade talks. The talks had been frozen in 2013 due to disagreements including patent protection.
India is the 2nd most populous nation in the world with around 1.4bn people. The EU considers India a vital ally that can help China transition from a friendly trading partner into a powerful rival with an increasing military presence.
European Parliament’s 2020 Study estimated that India would benefit from a trade agreement with the EU at 8.5 billion Euros (or $9.17 billion). However, this estimate was given before Britain’s exit from the bloc.
($1 = 0.9264 euros)
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