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EU and India agree to relaunch trade talks

Push comes as Brussels and New Delhi look to counter China’s rise

The EU and India have agreed to restart long-stalled negotiations on a comprehensive trade deal as the two sides seek to boost their economic engagement and respond to the increasing power of China. 

Brussels and New Delhi also agreed to parallel talks aimed at achieving an investment protection agreement and a deal to protect regional speciality foods.

The moves were settled at a virtual EU-India summit on Saturday and represent an effort to deepen ties after global growth was torpedoed by the Covid-19 pandemic. Charles Michel, the European Council president, said the two sides were opening a “new chapter” in their partnership. 

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