Leg on a Landmines, Strategic Relations of China With Russia Opens Business doors for India
New Delhi: In the last few years, The political scenario to look at India – has changed a lot as the New Delhi government – has started to plant good seeds in foreign relations. After the conflict between Russia and Ukraine, the world has become very aggressive against Russia and its supporting countries like China and Belarus.
According to the international political experts, the situation nowadays created for China force the Beijing government to decrease its relations with Russia or reduce the trade with certain countries. It is clear that China is not in a condition to spoil relations with Russia and that directs the world to replace China with India for trade and manufacturing.
The Russian invasion of Ukraine and its “no limits” partnership with Communist China has pushed the gas pedal on the India-EU relationship with both Prime Minister Narendra Modi and visiting European Commission President Ursula von der Leyen providing impetus for a high-power trade and technology council on the lines that EU has with the US. The council was set up within a week of the idea being proposed by both sides with President Leyen making an extra effort to come to India after repeated postponements.
With the EU having a trade and technology council with the US and now with India, it is only a matter of time that India and the US will finally be able to close negotiations and set up a similar trade and technology council. This means that there will be political and strategic convergence between India, the EU, and the US on the economy, trade, and technology with a direct impact on security and climate change.
That both India and the EU have decided to fast-track their relationship is evident from the fact that President Leyen agreed with PM Modi on his lasting peace formulation on the ongoing Ukraine conflict with immediate cessation of violence. There was also praise for PM Modi’s initiative to make India energy independent in the 100th year of independence with an ambitious 50 percent cut back on fossil fuel. In this direction, India and the EU will be collaborating on green hydrogen and renewable energy technologies.
While the newly set-up India-EU trade and technology council with India’s Foreign, Information Technology, and Commerce Ministers and two EU executive vice presidents as co-chairs is expected to meet later this summer, the India-EU free trade agreement negotiations have already begun with renewed energy after Leyen visit.
(_Vinayak)
