“EU will provide India a viable alternative to move away from Russia, according to a senior official familiar with the plans.”
Bloomberg reported that the European Union has planned to relaunch trade talks with India. It will provide India a viable alternative to move away from Russia, according to a senior official familiar with the plans.
In addition to trade, the EU will also pursue a technology council with India that could include discussions on the general data protection regulation, social media and broader digitalization efforts, said the official, who asked not to be identified because the talks are private.
“EU and US both were trying to establish closer ties with India, which is the world’s top buyer of Russian weapons.”
— Bloomberg
European Commission President Ursula von der Leyen met Indian Prime Minister Narendra Modi on April 25. The EU is India’s third-largest trading partner and accounts for 62.8 billion euros ($67.8 billion) worth of trade in goods.
Bloomberg pointed out that the EU and US both were trying to establish closer ties with India, which is the world’s top buyer of Russian weapons.
******************************************************************
Readers
These are extraordinary times. All of us have to rely on high-impact, trustworthy journalism. And this is especially true of the Indian Diaspora. Members of the Indian community overseas cannot be fed with inaccurate news.
Pravasi Samwad is a venture that has no shareholders. It is the result of an impassioned initiative of a handful of Indian journalists spread around the world. We have taken the small step forward with the pledge to provide news with accuracy, free from political and commercial influence. Our aim is to keep you, our readers, informed about developments at ‘home’ and across the world that affect you.
Please help us to keep our journalism independent and free.
In these difficult times, to run a news website requires finances. While every contribution, big or small, will makes a difference, we request our readers to put us in touch with advertisers worldwide. It will be a great help.
For more information: pravasisamwad00@gmail.com