EU leaders meeting in Porto and Indian Prime Minister Narendra Modi, via video conference, agreed, on Saturday 8 May, to relaunch negotiations on a “balanced, ambitious, comprehensive and mutually beneficial trade agreement which would respond to the current challenges”.
“The most untapped potential (in EU-India relations) lies in trade and investment”, European Commission President Ursula von der Leyen told the media.
While negotiations for a trade agreement were initiated in 2007,...