The EU is pushing an unsavoury free trade deal that would force India to give up control of its banking sector and drugs industry
The punishing schedules that world leaders follow don't leave much room for reflection. So I suspect that senior EU figures visiting New Delhi today are not dwelling on the enduring relevance of Mahatma Gandhi's teachings, even as they lay a wreath in his honour at the Raj Ghat memorial. Nor are they sifting through the abundant evidence in present-day India that proves Gandhi's aphorism: "Poverty is the worst form of violence."
The European commission hopes that the latest annual summit can give a new impetus to talks aimed at reaching a comprehensive free trade agreement between the two sides. Three years ago India was identified as the second most important "emerging" market on the radar screen of trade officials when the commission issued Global Europe, a blueprint for enabling rich multinational companies to penetrate every corner of the globe. The first was South Korea, with which the EU clinched a trade agreement in October.