
Speaking at a private event we held a few years ago, the former
President of the European Council, Mr. Herman Von Rompuy, made an
insightful comment: “Europe only and always makes progress during
crises.” It is undeniable that the world has just faced down the mother
of all crises in form of the pandemic, while so many risks still
abound, ranging from climate and conflicts to stagflation and supply
chain disruptions.
Abhinav Kumar is the Chief Marketing & Communications Officer – Global Markets, Tata Consultancy Services. He also serves as Board Member of the Europe India Business Council (EIBC).
Yet, as Von Rompuy wisely noted, each
crisis is also an opportunity to progress on hard and often protracted
issues. One such topic would undoubtedly be the longstanding Free Trade
Agreement (FTA) negotiations between the EU and India, which kicked off
in 2007 and after 16 rounds of negotiations were suspended since the
past nine years, before being revived with great gusto recently. (...)
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