EU, India move closer to free trade deal while the USA are still busy with this Virus Hoax… meanwhile, the world keeps turning

Following an online summit between the European Union and India, the two powers have announced plans to set up a "high-level dialogue" on investment and trade. Details of any potential free trade pact remain uncertain.

India and the European Union have vowed to deepen trade ties on Wednesday, with the two sides agreeing to set up a high-level ministerial dialogue on trade and investment.

However, after the videoconference, no mention was made on the time frame of a free trade agreement that has been under discussion for several years. […]

“As the world’s largest democracies, the EU and India must work more closely to promote and protect our shared interests, based on effective multilateralism, the rule of law and human rights,” von der Leyen wrote on Twitter.

The EU is India’s largest trading partner with two-way trade amounting to $115.6 billion (€101.3 billion) in 2018-19.

China, citizenship law raises tensions

Discussions at Wednesday’s video summit also touched on defense cooperation and tackling the coronavirus pandemic.

[…]

Eradication of child labor remains a sticking point in cooperation between the two powers, as well as protests over a controversial Indian citizenship law and relations with China. […]

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Article submitted by, µthos.

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