Danish Envoy: India-EU FTA Will Benefit Both Sides
Danish Ambassador to India, Kristensen, characterized the proposed Free Trade Agreement (FTA) between India and the European Union as a “win-win” for both parties, emphasizing the potential for enhanced trade and economic integration. He noted the growing bilateral ties, particularly through the Green Strategic Partnership, which focuses on renewable energy, sustainable urban development, and climate initiatives. The current geopolitical climate encourages renewed negotiations, with both India and the EU expressing a greater willingness to address past hurdles like tariff reductions. This FTA, if concluded, could significantly bolster trade linkages and investment flows while underscoring shared commitments to sustainable development and climate action, reinforcing India’s strategic importance in global trade dynamics amidst pressing environmental challenges.
