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    Home»Business»CECP Phase 3 Launch: India-EU FTA Draws Global Applause and Analysis

    CECP Phase 3 Launch: India-EU FTA Draws Global Applause and Analysis

    Business January 28, 20262 Mins Read
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    Diplomatic engagements in New Delhi brought together MEA’s Sibi George and EU’s Ditte Juul Jorgensen for the third phase of the Clean Energy and Climate Partnership (CECP). This platform is set to amplify joint efforts in green technology and climate resilience.

    The session’s timing aligns with exuberant responses to the India-EU Free Trade Agreement, praised by multiple European stakeholders. The deal spans traditional trade elements like goods, services, and customs alongside forward-looking provisions for digital trade and SME empowerment.

    On X, Randhir Jaiswal highlighted George’s keynote, positioning CECP as a cornerstone of the India-EU strategic roadmap forged at their pivotal summit. It promises enhanced synergy in sustainable development and economic prosperity.

    Bhutan’s Indian Embassy termed the FTA a ‘strategic triumph,’ forging a new era of trust-based partnership between India and the EU bloc. Committed to open economies and inclusive progress, the agreement fortifies trade volumes and cooperation depths.

    Finnish leader Alexander Stubb’s Hindi tweet to PM Modi expressed profound gratitude, predicting stronger bilateral economic and political ties.

    Echoing from the US, Trade Rep Jamieson Greer analyzed the deal’s geopolitical weight. With Trump’s America First tariffs curbing foreign market access, EU exporters are pivoting to India for surplus goods. ‘This reshapes global trade flows,’ Greer asserted, as Europe hunts for reliable outlets.

    Overall, the CECP launch and FTA euphoria illustrate India’s rising stature in international trade and climate diplomacy, heralding mutual benefits for years ahead.

    CECP Phase 3 Clean Energy Partnership European Union Trade Free Trade Agreement Global Trade Dynamics India Diplomacy India EU FTA Sibi George
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