Why the EU–India FTA Matters for Europe’s Competitiveness - One more step to sideline US? скачать в хорошем качестве

Why the EU–India FTA Matters for Europe’s Competitiveness - One more step to sideline US?

The global trade chessboard is undergoing a radical redesign, and for the European Union, the long-stalled Free Trade Agreement (FTA) with India is no longer just a bilateral pact—it is a vital organ for Europe’s economic survival. As the "Draghi Report" recently highlighted, Europe is facing an existential competitiveness crisis, squeezed between a protectionist United States and a dominating China. India represents the ultimate "third way." 𝗧𝗵𝗲 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲𝗻𝗲𝘀𝘀 𝗖𝗮𝘁𝗮𝗹𝘆𝘀𝘁 India isn’t just a market; it’s a demographic powerhouse with 1.4 billion consumers and a burgeoning middle class hungry for European high-tech, machinery, and luxury goods. For EU industry, an FTA offers a release valve for stagnant domestic growth. More importantly, it provides a crucial "De-risking" alternative to China. By integrating with Indian supply chains, Europe can secure its electronics and pharmaceutical pipelines without relying on a single, geopolitical rival. 𝗦𝗶𝗱𝗲𝗹𝗶𝗻𝗶𝗻𝗴 𝘁𝗵𝗲 𝗨𝗦? The provocative question of "sidelining the US" stems from Washington’s recent pivot toward "America First" industrial policy. From the Inflation Reduction Act to aggressive tech export controls, the US is increasingly playing for its own team, often at the expense of European industry. By cementing an FTA with India, the EU is making a move for Strategic Autonomy. A must-watch!