EU-India: Building bridges through High-Level Dialogue

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Abstract

India is one of the world’s largest growing economies – and an active player in global economic governance. The primary objective of the partnerships between the EU and India is transparency (a non-discriminatory and predictable, regulatory business environment). On 5 February 2021, the EU and India held their first High-Level Dialogue (HLD). The decision to hold a high-level dialogue was already chalked out in the 15th Summit held virtually between the EU and India amid the Covid-19 pandemic. The High-Level Dialogue was co-chaired by Piyush Goyal (India’s Minister of Commerce and Industry) and Valdis Dombrovskis (Trade Commissioner and European Union Executive Vice-President). Highlighting the significance of global cooperation, both sides acknowledged the importance of solidarity in the post-Covid-19 pandemic world. Both sides agreed to further deepen their bilateral relationship as concerns trade and investment through the India-EU Multilateral Dialogue. Many areas of key policy developments and market issues were mentioned in the meeting, for instance the bilateral Regulatory dialogue and the India-EU Multilateral dialogue, both intended to explore further possibilities of cooperation. […]