Belgium PM Says Europe Ignored PM Modi's Trade Warnings
· World · Times of India, Moneycontrol
Belgian Prime Minister Bart De Wever acknowledged that European nations failed to heed earlier warnings from PM Modi regarding the risks of economic dependencies. Speaking in New Delhi, De Wever stated that Europe is now experiencing a "rude awakening" as trade vulnerabilities are increasingly used as leverage by other power blocks. He emphasized that Europe is seeking partners who value multilateralism and mutual respect, identifying India as a primary strategic partner. The Belgian PM noted that India's growth and talent pool offer significant opportunities for future cooperation, contrasting India with more mature economies like Japan.
Why it matters
This shift in perspective signals a potential deepening of the India-Europe strategic partnership as European nations seek to diversify supply chains and reduce reliance on single-source economic powers.
Read the original report — Times of India
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