While Brexit would provide a fillip for an India-UK FTA, Britain staying on in the EU is also likely to be of value given its role as a gateway to Europe.
The only effective way to stop the flow of refugees is for Turkey to confiscate all boats or use brute force to prevent Syrians from going to the coast.
If Greece defaults and walks out, the EU will be in crisis. Speculators will go for Spain and the EU will not be able to find the money to bail out a large economy such as that of Spain.
Is the Eurasian Economic Union aimed at reincarnating the Soviet Union minus the Marxist ideology? While some in Russia assert that the term “union” symbolically harkens back to the Soviet Union, many outside Russia fear that it could be so.
More than a decade has passed since the European Union (EU) signed strategic partnerships with China (2003) and India (2004). The EU’s ‘honeymoon’ with China was over within a few years while cooperation on truly strategic issues with India is yet to emerge. The core of both these relationships is still economics.
The diplomatic relations between European Union and Brazil were established during the 1960. Three aspects largely determine EU-Brazil relations: bilateral aspect, the EU-Mercosur aspect and increasingly after the financial crises the aspect of global economic governance.
Three meetings to discuss Ukraine are scheduled for the week beginning on Monday, April 14. The first meeting is of EU foreign ministers at Luxembourg on April 14. They are supposed to consider further sanctions on Russia. The next day the EU defence ministers are going to meet. The third meeting in Geneva on April 17 will bring together US, Russia, EU, and EU.
In the absence of even an FTA, the main challenge before policy makers from India and the EU will be to continue justifying the relevance of a strategic partnership to their respective constituencies.
All China has to do is to purchase Iranian oil and off-set this against a supply of essential consumer goods from China to Iran and settle the accounts in Chinese Yuan.
