Amid the rising concerns over global trade due to Trump's tariff policy, Rosa Balfour, Director at Carnegie Europe, said that something must be done to protect the international trading system.
Speaking about how various global groupings will step up to meet the challenges arising from the US trade tariffs, Carnegie Europe Director Rosa Balfour said that countries and large blocs are coming together to ensure they have a "web of relationships" that can preserve global trade.
Calling India and the European Union (EU), like-minded partners and highlighting the increase in partnership between the two for the finalisation of the Free Trade Agreement (FTA), Carnegie Europe Director Rosa Balfour shared the nuances for the FTA on the sidelines of the Carnegie Global
German Ambassador to India and Bhutan, Philipp Ackermann, said that Prime Minister Narendra Modi and the President of the European Commission, Ursula von der Leyen have agreed to negotiate a Free Trade Agreement (FTA) by the end of this year.
"India will be playing a major role in our foreign policy, and the new government will commit itself to intensifying bilateral relations in many areas, including defence, and I am very happy about it," German Ambassador Ackermann told ANI.
He expressed happiness over US President Donald Trump's decision to enforce a 90-day pause on wide-ranging tariffs and lower the reciprocal tariff on India and other countries that have initiated trade talks with the United States during this period to 10 per cent.
In an interview with ANI, Deelan noted that India and the EU can do a lot of things together as they are both top-tier space-faring nations. She called it crucial to keep space secure for all nations in the world.
Speaking at the 9th Carnegie Global Tech Summit on 'Guardians of Galaxy: Space Security Norms and Partnerships, ' she highlighted the EU's efforts to promote responsible behavior in space and the need for an international framework to address issues related to Google and space security.
During the panel discussion "Tariffied World: T minus" at the Global Tech Summit on Saturday, Balfour said that Europe is accelerating talks with India and has also started talks with several nations, including Asia, Malaysia, the Philippines, and the UAE. She stated that Europe is making
Ambassador of the European Union to India and Bhutan Herve Delphin on Friday expressed faith in the position that India and the European Union hold in the current geopolitical landscape for "drawing the bridge" with the Global South and delivering on the expectation of the region.
Ernst Noorman, Ambassador at Large for Cyber Affairs at the Ministry of Foreign Affairs of the Netherlands, on Friday underscored the strengthening cyber security partnership between India, the Netherlands, and the European Union.