“Siamo vicini al raggiungimento di un accordo”, Ambassador danese in India sulla negoziazione commerciale dell’UE-India
https://www.tribuneindia.com/news/world/we-are-close-to-reaching-a-deal-danish-ambassador-to-india-on-eu-india-trade-negotiation/amp
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New Delhi [India], August 8 (ANI): Denmark’s ambassador to India, Rasmus Christensen, said that the European Union and India are close to making a trade deal, which is a testament to the fact that India is not a “dead economy,” as touted by US President Donald Trump.
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In an interview with Christensen the diplomat said that Denmark sees India as a promising place to invest.
On the contrary, it’s world’s fastest growing economy. And I think a testament to that fact is that the EU and India is negotiating a free trade agreement. I think that will be mutually beneficial,” Christensen said.
He said that Denmark views India as a promising place to conduct business, which contradicts Trump’s claims.
“So certainly from a Danish European perspective, we see India as a very promising place to invest and do business with. And that would not be the case if it was a dead economy,” the Danish envoy said.
Wow, continuing this while Modi is reaffirming India’s comprehensive strategic partnership with Russia & inviting Putin to India?
Does the EU really have that little leverage on India?
Danish foreign minister is very pro trade and anti tariff.
Trade deal with India, Africa, South America, South east asia…… He wants it all as fully committing to USA or China is not a viable long term strategy.
He wants those trade deals even with nations that are not sharing the same views on democracy and human rights issues.
The strategy is through trade comes influence.
Good for EU. In future US share of global economy will continue to reduce while Asia‘s share will increase. Building long term relationships always help.
US is destroying relationships one by one for short term gains. EU should do opposite.
I am pretty sure, US will have long term issue for its services businesses in India. This is a big self goal.
Just one of the deals EU needs to make. Trade has always been important for the EU. Creating a more resilient and diverse trading network will provide stability for EU citizens.
We are going into a new age where trade, diplomacy and geopolitics in general are more tightly coupled. The only concern I have when it comes to managing trade deals is whether the EU can effectively safeguard its citizens interest when negotiating with countries when the EU itself is not. The EU is economically very important, but less economically relevant countries can offset some of that by virtue of being a country, meaning they have more executive tools on hand. I would suspect that we could get more value out of these deals now and in the future, with an organisation that can bring a stronger presence into these negotiations.
I’d imagine that over the last week, India suddenly became very desperate and switched from trying to hardball to trying to cut a deal no matter what.
Being an Indian I know india can be pretty anal in trade negotiations. But for the sake of both the parties this deal needs to go through. Both parties need to make some compromises so that everyone can move forward