How military business could be the game changer for the EU-India free trade deal
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Euronews.com
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The EU and India are working towards a historic free trade agreement (FTA) that emphasizes security and defense cooperation. Sunil Prasad, Secretary General of the EU-India Chamber of Commerce, is optimistic about the FTA being signed before December, despite existing challenges in sectors like automotive and agriculture. The geopolitical context, including the war in Ukraine and tensions with Pakistan, has heightened the importance of defense collaboration. The EU's Political and Security Committee recently visited New Delhi to strengthen ties, while India aims to modernize its military and diversify its defense technology. The relationship is complicated by trade tensions with the US and India's ongoing military ties with Russia. Teljes cikk (Euronews.com)