US EditionTrade. Eu-India: After Mercosur, Why This Free Trade Agreement Does Not Arouse Anger
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5 Articles
leprogres.fr
estrepublicain.frIndia and the European Union proudly announced this Tuesday that they had reached a free trade agreement in New Delhi, after 20 years of negotiations. The European Commission insists on the guarantees to protect several agricultural sectors, already very much raised against the agreement with Mercosur, signed two weeks ago.
The deal with India strengthens the economy and creates new ties in the new world order. The EU must now adopt the Treaty quickly. A drama like the Mercosur Treaty must not repeat itself.
The agreement between the European Commission and the Indian Government will allow European industrialists to export without being taxed, but many agricultural sectors are not covered by these exemptions.
Ink of the trade agreement with the South American bloc of Mercosur is barely dry, and the European Union has already concluded a new free trade agreement. The President of the Ursula von der Leyen Commission and the Indian Prime Minister Narendra Modi concluded, on 27 January in New Delhi, the negotiations on their free trade agreement, which began in 2007 and was relaunched in 2022 after almost ten years of suspension of the discussions.
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