The Modi-Juncker Era: New Opportunities in India-EU Trade and Commerce
With more than US$130 billion in goods and services exchanged every year, the EU is India’s largest trading partner. Yet this figure represents only the tip of the iceberg.
Negotiations to encourage trade and investment between the two blocs have been stalled since 2007, but now as India’s economy grows on the back of a stable political environment and promising government focused on international commerce, there are signs that indicate the Fair Trade Agreement (FTA) could come into fruition much faster than expected. In the interim, we examine opportunities for collaboration and mutual areas of interest that could benefit players in both the EU and India. We also call attention to the key decision makers in Delhi and Brussels who are likely to influence the development and implementation of the new FTA.