Monday, June 23, 2025

Scholz optimistic about future success in EU-India free trade agreement

Date:

German Chancellor Olaf Scholz on Tuesday said he is hopeful of success in free trade agreements (FTAs) with India and some other countries as he underlined that Europe needs cooperation with every part of the world.

“This (FTA talks) should be more successful now than it was in the past. It will help if we have more free trade agreements with other countries and regions,” he said at the World Economic Forum Annual Meeting here.

Earlier in the day, European Commission President Ursula von der Leyen also said she will soon travel to India to upgrade a strategic partnership.
Scholz said, “Europe needs cooperation with every part of the world. We are willing to do this. But as you know there are lot of strategies for starting, for increasing our cooperation. But there is willingness and therefore we are so much supporting the idea of free trade and also developing free trade agreements.” “I’m happy that we are now successful with Mexico and South America’s Mercosur bloc but these should not be the last ones we do,” he said.

The chancellor said, “There are many regions which are working very hard to get it done, there is India, with Indonesia, with Malaysia, with many other countries and regions.” He expressed confidence that these talks would get more success than earlier ones.

ALSO READ: Trump administration offers hope for stability in West Asia, says Israel Envoy Reuven Azar

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Food credit doubles in the first two months of new financial year on robust wheat procurement

This surge in credit demand is directly linked to...

What is the NPT? Iran’s threat to exit treaty after US strike and global implications

The US attack on Iran's nuclear sites on Sunday,...

What to know about the Islamic New Year and how it’s marked across the world

Muslims will soon welcome a new year in the...

NATO leaders gather Tuesday for what could be a historic summit, or one marred by divisions

US President Donald Trump and his NATO counterparts are...