The EU’s leadership, led by Ursula von der Leyen, is visiting India to enhance trade and diplomatic ties, aiming to counterbalance challenging relations with the U.S. Discussions with Prime Minister Modi will focus on key sectors like artificial intelligence, energy, and trade agreements. The EU seeks to tap into India’s expanding market, while India emphasizes the need for higher investments and smoother migration paths for its skilled workforce.
On a significant visit to India, the European Union’s leadership, including Ursula von der Leyen and her team of commissioners, aims to strengthen diplomatic and trade relations amid changing global dynamics. This unprecedented two-day trip focuses on expanding commercial ties and enhancing cooperation to mitigate diminishing relations with the United States.
The discussions will center on increasing trade, lowering tariffs, and establishing resilient supply chains to address the challenges posed by China’s rising influence. Von der Leyen emphasized that India is a strategic ally, and she intends to discuss ways to elevate their partnership during her meeting with Prime Minister Narendra Modi.
Von der Leyen commenced her visit by honoring Mahatma Gandhi at Raj Ghat and held discussions with Indian Foreign Minister Subrahmanyam Jaishankar. Scheduled talks with Modi will cover various topics, including artificial intelligence and energy, aiming for a free trade agreement and collaboration on clean technologies like electric vehicles.
The EU is India’s largest trading partner, with a trade volume of approximately 124 billion euros in 2023. Nonetheless, India accounts for a mere 2.2% of EU trade due to high tariffs, prompting negotiations for more favorable trade terms. India wishes to enhance European investment, urging for streamlined migration policies for its skilled workforce, particularly in technology and healthcare.
Amidst the evolving geopolitical landscape, this visit underscores Europe’s commitment to diversifying its partnerships, especially in light of India’s policy of strategic autonomy and historical ties with Russia. Strengthening ties with India is critical for Europe as both regions look for mutual benefits in trade and technology development.
The visit by the EU’s top team to India marks an important step towards bolstering trade and diplomatic relations. By addressing key areas of mutual interest, including technology and clean energy, both sides are positioned to benefit significantly. Furthermore, this initiative reflects Europe’s strategic pivot to forge new alliances that could better position both entities in an increasingly complex global landscape.
Original Source: www.rfi.fr
