“At the same time, the political logic of a stronger India and the EU is complemented by compelling economic rationale. The key take away from the summit was the revival of trade talks between India and the EU. “We agreed to resume negotiations for a balanced, ambitious, comprehensive and mutually beneficial trade agreement which would respond to the current challenges," a joint statement said. According to the joint statement, India and the EU have committed to “work together to better prepare for and respond to global health emergencies." “The EU invited India to work towards an international treaty on pandemics within the framework of the WHO," it said.

Source: Mint May 08, 2021 17:03 UTC