Trump’s shock news! These countries will trade with India without tariff

The relationship between India and America is not going well. Despite this, US President Donald Trump wished Prime Minister Narendra Modi on his birthday on Wednesday (September 17). Meanwhile, there has been a shock to Trump. The European Union has said that it will be finalized with India by the end of this year. Trump has imposed 50 percent tariff on India, which is also suffering from America.

The European Union (EU) on Wednesday introduced a new strategic agenda to pursue its relations with India in important areas such as defense, trade and energy and to deal with major global challenges. EU said that its partnership with India is becoming important in view of the changing geopolitical realities and it is necessary for both sides to strengthen economic development and security.

European Commission Chairman Ursula von Der Leyen said, “Now the time has come to focus on reliable partners.” Partners based on shared interests and equal values ​​should be doubled. With our new European Union-India strategy, we are taking our relationship to the next level. ”

When will the free trade agreement be signed between India and EU

The top leader of the European Union also talked about the free trade agreement. He said that the new agenda would have to carry forward trade, investment and talent dynamics, strengthen joint economic security and deepen industrial cooperation in the defense sector. According to the PTI report, he said, “Europe is already India’s largest trading partner and we are committed to finalize our free tray agreement by the end of this year. Europe is open to trade and we are ready to invest with India in our shared future. ”

Agenda will be presented to 27 member countries

The new strategic agenda will be introduced to all 27 member countries of the European Union. It will be adopted at the India-European Union Summit to be held next year. The new strategic agenda has identified five areas of shared interest including security, connectivity and global issues, prosperity, stability, technology and innovation.

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