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As of December 2012, Italy had an accumulated investment of €3.75 billion in India, or 9% of the total European Union FDI in India. [16] Indian investment in Italy grew from €584 million in 2004 to €10 billion in 2011. Italy accounted for 2.3% of India's total investment in the European Union. [16]
In 2004, India and European Union became "Strategic Partners". A Joint Action Plan was agreed upon in 2005 and updated in 2008. India-EU Joint Statements was published in 2009 and 2012 following the India-European Union Summits. [7] EU-India relationship [8] has been qualified as high on rhetoric [9] and low on substance. [10] [11] [12]
The European Union has a number of relationships with foreign states. According to the European Union's official site, and a statement by Commissioner Günter Verheugen, the aim is to have a ring of countries, sharing EU's democratic ideals and joining them in further integration without necessarily becoming full member states.
ROME (Reuters) -Italy could use its veto to prevent the adoption of the European Union's new fiscal rules if the outcome of negotiations among partners does not meet its demands, Prime Minister ...
It is responsible for the common foreign, security, and defence policy of the European Union, as well as relations with other European and international institutions, strengthening relations with third countries, the accession of new member states, and human rights. [1]
The U.S., EU, and India must urgently come together in a free trade agreement on clean energy, says the CEO of one of India’s largest renewables companies Sumant Sinha Updated October 11, 2024 ...
The European Union has concluded free trade agreements (FTAs) [1] and other agreements with a trade component with many countries worldwide and is negotiating with many others. [2] The European Union negotiates free trade deals on behalf of all of its member states, as the member states have granted the EU has an "exclusive competence" to ...
The European Commission, the European Parliament and the EU Council are currently negotiating how the bloc should position itself in Exclusive-Germany, France and Italy reach agreement on future ...