India-EU trade deal: France to be 'big driver' — cooperation in AI, space, healthcare, energy pushed
France will be a “big driver” and supporter of the India-European Union trade deal and will push to deepen its economic content, including cooperation in energy, French Minister Delegate for European Affairs Benjamin Haddad said, highlighting the pact's potential to accelerate investment and strengthen supply chains.
French Minister Delegate for European Affairs Benjamin Haddad has stated that France will be a "big driver" and supporter of the India-European Union trade deal, emphasizing cooperation in energy. The pact has the potential to accelerate investment and strengthen supply chains, with sectors such as artificial intelligence (AI), space, healthcare, and defence expected to benefit from the agreement.
The deal could eliminate €4 billion in trade tariffs annually and double trade between the European Union and India. Haddad highlighted France's existing economic presence in India as a foundation for expanding the partnership and suggested that expanding the partnership should focus on resilient supply chains and cooperation in areas of mutual interest.
Energy could also be an area where the trade agreement accelerates cooperation, particularly amid volatility in fossil fuel prices and geopolitical disruptions.
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