The inherent potential of India-EU bilateral relationship to forge a mutually beneficial strategic partnership remains unrealised due to several factors. Discuss.
Main Body
India-EU Bilateral partnership offers huge potential in terms of security, technology, economy, energy security and multilateral cooperation. Potential of India-EU partnership: 1. Economic Ties: → EU is India's largest leading partner. → Major source of FDI. 2. Defence: → Cooperation in Indian Ocean Region. → French Liaison officer at IFC - Gurugram.
3. Cooperation in science & technology, such as space, physics CERN, 5G and data production. 4. Convergence on issues such as: → Chinese economic aggression. → Rules-based Indo-Pacific. → India can be a huge market. However, it remains unrealised due to: • deadlock over India-EU FTA. • India's strategic silence over Russian invasion of Ukraine. • EU's dependence on Chinese market and manufacturing. • BREXIT (UK was India's gateway to EU).
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Conclusion
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MUDIT FOUJIDAR
International Relations
India-EU Relations
India-EU Strategic Partnership
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