{"id":200142,"date":"2022-08-16T14:31:02","date_gmt":"2022-08-16T09:01:02","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=200142"},"modified":"2022-08-16T16:32:31","modified_gmt":"2022-08-16T11:02:31","slug":"a-road-map-for-india-eu-ties","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/a-road-map-for-india-eu-ties\/","title":{"rendered":"A road map for India-EU ties"},"content":{"rendered":"\n

Source<\/strong>: The post is based on the article\u00a0\u201cA road map for India-EU ties\u201d <\/strong>published in The Hindu <\/b>on\u00a016th<\/sup>\u00a0August 2022<\/strong>.<\/p>\n

Syllabus<\/strong>: GS 2 \u2013 Bilateral, regional and global groupings and agreements involving India and\/or affecting India\u2019s interests.<\/p>\n

Relevance<\/strong>: About India-EU ties.<\/p>\n

News<\/strong>: Along with the 75 years of Independence, India also celebrates 60 years of diplomatic relations with the European Union (EU).<\/p>\n

What are the recent developments in India-EU ties?<\/h5>\n

a)<\/strong> A cooperation agreement signed in 1994 took the bilateral relationship beyond trade and economic cooperation, b)\u00a0<\/strong>The first India-EU Summit in 2000, marked a watershed in the evolution of the relationship. At the fifth India-EU Summit in 2004, the relationship was upgraded to a \u2018Strategic Partnership\u2019, c)\u00a0<\/strong>The two sides adopted a Joint Action Plan in 2005 towards strengthening dialogue and consultation mechanisms in the political and economic spheres, enhancing trade and investment, and bringing peoples and cultures together,<\/p>\n

d)<\/strong> The 15th India-EU Summit, 2020, provided a common road map to guide joint action and strengthen the partnership over the next five years.<\/p>\n

The map highlights engagement across five domains: foreign policy and security cooperation; trade and economy; sustainable modernisation partnership; global governance; and people-to-people relations.<\/p>\n\n\n\n
Read more: India-EU: global dynamics<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
What is the present state of India-EU ties?<\/h5>\n

Economic partnership<\/strong>: Bilateral trade between the two surpassed $116 billion in 2021-22. The EU is India\u2019s second largest trading partner after the U.S., and the second largest destination for Indian exports.<\/p>\n

There are 6,000 European companies in the country that directly and indirectly create 6.7 million jobs.<\/p>\n

Avenues of collaboration<\/strong>: 1)<\/strong> The \u2018green strategic partnership\u2019<\/strong> between India and Denmark aims to address climate change, biodiversity loss and pollution, 2)<\/strong> The India-Nordic Summit<\/strong> focused on green technologies and industry transformation that are vital for sustainable and inclusive growth.<\/p>\n

Cooperation in the defence sector<\/strong>: India and the EU regularly conduct joint military and naval exercises which reflects their commitment to a free, open, inclusive and rules-based order in the Indo-Pacific.<\/p>\n

-The first maritime security dialogue in 2021 focused on cooperation in maritime domain awareness, capacity-building, and joint naval activities.<\/p>\n

-France\u2019s on-time delivery of 36 Rafale fighter jets and willingness to offer Barracuda nuclear attack submarines to the Indian Navy reflects the growing level of trust.<\/p>\n

Science and technology<\/strong>:<\/p>\n

–Science and Technology Joint Steering Committee<\/strong>: It focus on areas such as healthcare, Artificial Intelligence, and earth sciences.<\/p>\n

-In 2020, there was an agreement for research and development cooperation in the peaceful uses of nuclear energy between the European Atomic Energy Community and the Government of India.<\/p>\n\n\n\n
Read more: Why India-EU trade pact is still difficult to achieve?<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
What are the challenges faced in India-EU ties?<\/h5>\n

India and the EU have differing opinions and divergent interests in some areas. For instance, a)<\/strong> India’s reluctance to condemn Russia for the Ukraine crisis is not agreed upon by the EU, b)<\/strong> There is an ambiguity on the EU\u2019s strategy in tackling the rise of China. This is visible from Europe not criticising China’s attack on Galwan Valley.<\/p>\n\n\n\n
Read more: Need for upgrading India-Europe relations<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
What should be done to improve India-EU ties?<\/h5>\n

India\u2019s economic, political and demographic weight could be deftly leveraged by the EU to counterbalance China\u2019s influence across the region. For that, the resumption of the ambitious India-EU free trade and investment agreement<\/a> <\/strong>in 2021 is a step in the right direction.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article\u00a0\u201cA road map for India-EU ties\u201d published in The Hindu on\u00a016th\u00a0August 2022. Syllabus: GS 2 \u2013 Bilateral, regional and global groupings and agreements involving India and\/or affecting India\u2019s interests. Relevance: About India-EU ties. News: Along with the 75 years of Independence, India also celebrates 60 years of diplomatic… Continue reading A road map for India-EU ties<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10498],"class_list":["post-200142","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/200142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=200142"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/200142\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=200142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=200142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=200142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}