Brabim Karki
India and EU are locked in trade negotiations that could reset the global trade order. Image: X Screengrab
The European Union and India have reached consensus on almost half of the topics to be covered by a trade deal they hope to seal this year, according to a report.
The India-EU trade deal isn’t just about tariffs or trade quotas—it’s a cultural cage match between India’s vibrant, improvisational spirit and Europe’s love for order. And if resolved in a win-win deal, it could rewrite the rules of global trade.
This trade pact is more than a deal on goods; it’s a daring experiment in fusing two wildly different worldviews: India’s adaptive, sometimes chaotic economic approach—rooted in jugaad, the art of making do with what’s at hand—with Europe’s rigid, regulation-heavy ethos.
This tension isn’t necessarily a flaw; it’s the deal’s potential secret sauce. By forcing both sides to confront their blind spots, this agreement could birth a new trade model that values flexibility over cookie-cutter uniformity, giving India a chance to tilt the global economic balance more toward the Global South.
Trade deals sound like dusty policy papers, but they’re the arteries of the global economy, pumping goods, ideas, and power across borders. With world trade fracturing under US tariff threats and China’s constrictive supply chain grip, India and the EU are racing to secure their economic futures.
India, with its 1.4 billion people and roaring growth, is no longer a bit player. The EU, a trade giant, needs new partners as old alliances wobble. Recent reports peg the deal’s deadline for late 2025, but the real story is how this pact could redefine who sets the terms in a world where emerging powers are flexing their muscles.
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