PM Modi in Sweden: Strategic Partnership, FTA push and a pitch to double trade in five years
India and Sweden announced a five-year roadmap covering trade, defence, AI, space, startups, mobility and sustainability during Modi’s Gothenburg visit.
India and Sweden announced a five-year roadmap covering trade, defence, AI, space, startups, mobility and sustainability during Modi’s Gothenburg visit.
Israel’s approval of new West Bank settlements has drawn strong reactions globally, with the EU and OIC warning the move could deepen tensions and weaken chances of a negotiated peace.
The European Union has demanded that Washington honour its trade commitment and provide "full clarity" after the US President announced 15 per cent global tariffs following the Supreme Court's ruling to invalidate his previous tariffs under the International Emergency Economic Powers Act (IEEPA).
The conclusion of the India-European Union free trade agreement comes at a moment when the global trading system is under severe strain, shaken by geopolitical rivalries, economic nationalism and the increasingly unpredictable use of tariffs as political weapons.
The conclusion of the India–European Union Free Trade Agreement has been projected as a major diplomatic and economic milestone.
Jaishankar talked to the Ambassadors from EU member countries about the current state of the world, with volatility and instability as the new normal.
Union Commerce Minister Piyush Goyal on Friday met the European Union’s Trade and Economic Security Commissioner, Mr Maroš Šefčovič, in Brussels.
Ahead of the visit of the President, and all European Union Commissioners, to India in February 2025, the Economist ran a leader “How India became an unexpected role model for Europe,” that compared India favourably with the European Union (EU), which according to the Economist, had a ‘sclerotic economy’ and ‘gridlocked politics.’
The meeting focused on reviewing progress on the India–EU Free Trade Agreement (FTA) and strengthening bilateral trade and investment relations.
Europe’s hesitation over whether to use frozen Russian assets to finance Ukraine’s defence exposes a deeper struggle between principle and prudence. After months of moral posturing and political pledges, the European Union has once again stepped back from the brink of bold action.
