India, European Union, Trade, Fta

India, European Union

EU and India relaunch trade quest at coronavirus-hit summit

EU and India relaunch trade quest at coronavirus-hit summit

8/5/2021 8:58:00 AM

EU and India relaunch trade quest at coronavirus-hit summit

PORTO, Portugal: The European Union (EU) and India are expected to further bolster warming ties on Saturday (May 8) by relaunching long-stalled ...

AsiaThe devastating wave of COVID-19 infections sweeping India has already impacted the meeting with the European Union, forcing Prime Minister Narendra Modi to scrap plans to fly to Portugal. (File photo: AFP/Prakash SINGH)08 May 2021 01:41PMShare this content

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BookmarkPORTO, Portugal: The European Union (EU) and India are expected to further bolster warming ties on Saturday (May 8) by relaunching long-stalled trade talks and agreeing to work together against the pandemic battering the South Asian giant.The devastating wave of COVID-19 infections sweeping India has already impacted the meeting by forcing Prime Minister Narendra Modi to scrap plans to fly to Portugal for in-person talks.

AdvertisementAdvertisementBut the 27-nation bloc and the world's largest democracy remain determined to capitalise on growing momentum for tighter relations fuelled by shared concerns over the rising might of China."There is a positive dynamic because there is a convergence of interests," a European diplomat told AFP. headtopics.com

EU countries have sent medical equipment and drugs worth an estimated €100 million (US$120 million) to India as part of international efforts to help it fight against the flood of COVID-19 cases.The focus on the virus at the summit will be on making sure the two vaccine-producing powerhouses can maintain global supplies - as well as on trying to plan together to tackle future pandemics.

AdvertisementAdvertisement"We obviously need together to continue our efforts to ramp up production, secure the necessary raw materials, and keep supply chains open," a senior EU official said."Leaders are going to commit to work together to better prepare for and respond to global health emergencies - and this clearly includes strengthening and reforming the World Health Organization."

Read more: CNA »

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