Paper: GS – II, Subject: International Relations, Topic: India relations with great powers, Issue: India-European Union Relations.
Context:
UK PM Keir Starmer’s EU deal revives cooperation on food standards, defence, and borders-impacting India-European Union Relations.
Key Highlights of India-European Union Relations:
Significance of U.K-E.U. reset: While Eurocentric on the surface, it opens strategic, economic, and diplomatic opportunities for India-E.U. Relations.
Implications for India’s Global Strategy and India-European Union Relations:
- Boost trade ties: UK & EU are among India’s top trade and diplomatic partners. The renewed alignment could simplify compliance for Indian exporters and enhance supply chain fluidity.
- New opportunities: It creates new strategic corridors for policy makers. Improves education and migration opportunities for the Indian diaspora.
- Recalibrating India’s Export Dynamics: In Pharmaceuticals, India supplies over 25% of UK’s pharma needs. Seafood Exports are valued at ₹60,523.89 crore (approx. $7.38 billion) in FY24.
- Ease of business: Unified regulatory frameworks could cut costs and eliminate redundant approvals. It reduces trade barriers, especially in sectors like food safety and fisheries.
- A Stronger Global Voice for India: A synchronised UK-EU foreign policy, especially in the Indo-Pacific, opens avenues for multilateralism.
- Boost to strategic Agreements:
- EU-India Strategic Partnership (2020–2025).
- Comprehensive Strategic Partnership with the UK (2022): Covers cyber security, climate, and maritime security.
- Talent Mobility: India has the world’s largest diaspora, especially in the UK and EU. In 2024, over 1.1 lakh student visas issued by India. UK-EU coordination could enable semi-integrated talent corridors.
- Migration Pacts: India’s agreements with Germany, France, Portugal could benefit from UK-EU harmonisation.
- New realignment: India’s G20 leadership and presence in forums like the UN, WTO, and G-20 can be leveraged. Climate finance, infrastructure, and digital governance as areas of potential alignment with a unified West.
Conclusion: Strategic Reset = Strategic Opportunity. To seize this window,
- India must accelerate export reforms.
- Modernize trade infrastructure.
- Align foreign and defence policy with EU-UK dynamics.
- Leverage its diaspora and soft power.
https://www.thehindu.com/opinion/op-ed/a-eurocentric-reset-a-gateway-for-india/article69661860.ece
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