EU on cusp of historic trade deal with India: Ursula von der Leyen
Davos (PTI): The European Union is on the cusp of signing a historic trade agreement with India that is being called 'the mother of all deals', European Commission President Ursula von der Leyen announced on Tuesday, asserting it will create a market for 2 billion people or about one-fourth of the global GDP.
In a special address here at the World Economic Forum Annual Meeting, she said the real would crucially provide a first-mover advantage for Europe with one of the world's fastest-growing and most dynamic continents.
"Right after Davos, I will travel to India. There is still work to do. But we are on the cusp of a historic trade agreement. Some call it the mother of all deals," she said.
"Europe wants to do business with the growth centres of today and the economic powerhouses of this century.
"From Latin America to the Indo-Pacific and far beyond, Europe will always choose the world. And the world is ready to choose Europe," she said.
President of the European Council, Antonio Costa and von der Leyen will be in India from January 25 to 27 to grace the Republic Day celebrations as chief guests and hold summit talks with Prime Minister Narendra Modi.
The two sides are set to announce the conclusion of negotiations on the much-awaited free trade agreement at the India-EU summit on January 27.
European Commission President said the EU is also working on a new free trade agreement with Australia.
"We are also advancing with the Philippines, Thailand, Malaysia, the UAE – and more," she added.
She also said Europe will always stand with Ukraine until there is a just and lasting peace.
The European Union is India's biggest trade partner, with bilateral trade in goods recording USD 135 billion in the financial year 2023-24. The free trade agreement is expected to significantly enhance trade ties.
The proposed agreement is expected to bring a qualitative change in deepening the overall bilateral ties in a range of sectors, as well as at a time when the world is witnessing trade disruptions in view of Washington's tariff policy.
Besides firming up the free trade agreement, the two sides are likely to unveil a defence framework pact and a strategic agenda at the summit.
India and the European Union have been strategic partners since 2004.
The ambitious FTA is being firmed up at a time amid increasing concerns over Washington's trade and tariff policies, which have impacted both India and the 27-nation EU.
India and the EU are also expected to unveil a joint comprehensive strategic vision that will govern their relationship for the period 2026-2030.
The EU and India had first launched negotiations for the free trade agreement in 2007, before the talks were suspended in 2013 due to a gap in ambition. The negotiations. The negotiations were relaunched in June 2022.
The proposed Security and Defence Partnership (SDP) will facilitate deeper defence and security cooperation between the two sides.
The SDP will bring interoperability in the defence domain, and it will open up avenues for Indian firms to participate in the EU's SAFE (Security Action for Europe) programme. The SAFE is the EU's Euro 150 billion financial instrument designed to provide financial support to member states to speed up defence readiness.
At the summit, India and the EU are also set to launch the negotiations for a Security of Information Agreement (SOIA). The SOIA is expected to boost industrial defence cooperation between the two sides.
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Space race on with endeavour to return to Moon sustainably: Sunita Williams
New Delhi (PTI): Astronaut Sunita Williams on Tuesday said there is a "space race" going on at present but the endeavour is to ensure humanity returns to the Moon sustainably and that it is done in a "productive and democratic way".
Before settling into a nearly hour-long interactive session held at the American Center here, Williams, in her brief opening remarks, also said that coming back to India felt akin to a homecoming, as it is the country where her father was born.
Wearing a trademark deep blue space overalls and sporting a pair of space-themed canvas shoes, Williams, 60, strode into an auditorium full of Indian youths to a loud cheer, and later actively engaged with the audience with an unassuming ease, punctuating the conversation with delectable humour.
A former US Navy captain, she was born to a Gujarati father, Deepak Pandya, hailing from Jhulasan in Mehsana district and a Slovenian mother, Ursuline Bonnie Pandya, on September 19, 1965, in Euclid, Ohio, in the US.
During the conversation, she also shared her experiences from the time when she had got stuck in space when an eight-day mission to the International Space Station had turned out to be a challenge of a lifetime as problems cropped up on their Boeing space flight that stretched her stay in orbit to over nine months.
A montage of visuals from that period was played on screen, and it showed the ISS's multi-cultural crew, celebrating Thanksgiving, Christmas and the birthday of a crew member.
"We are not the best singers, but we can make space cakes," Williams said, as the audience broke into laughter.
She further said, "You would see almost 12 people on the ISS at one point in time".
"The International Space Station with our Russian, Japanese, European, Canadian... and a lot of other great countries. (Group) Captain (Shubhanshu) Shukla came up a little bit after me. I'm really sad I missed him while I was up there; we could have shared some stories," she said.
During the interaction, she was asked a plethora of questions, ranging from ways to maintain mental health to managing space debris and from commercialisation of the space sector to collaboration of the public and private sectors in space missions.
Asked if the growing number of players in the private sector in space could actually trigger a space race, moving it beyond the realm of science fiction into reality, she said, "There is a space race going on."
"On the space race. I mean, I think there is a space race going on. I think people have talked about that. There is... you know, we want to get back to the Moon. We want to get back to the Moon sustainably.
"We want to get back to the Moon, to sort of start the conversation about rules of engagement, and how we actually work on the Moon, how we work together with other countries on the Moon," the noted astronaut said.
"So yes, there is a race to ensure that we do this in a productive, democratic way. Just like Antarctica. I mean, it's the same type of thing. We want to get back to the Moon so we can all be there at the same time and working together," she added.
American Neil Armstrong was the first person to walk on the Moon as part of the Apollo 11 mission in 1969. NASA's last crewed mission to the Moon was in 1972.
NASA, in coordination with the US Department of State and seven other initial signatory nations, established the Artemis Accords in 2020. With many countries and private companies conducting missions and operations around the Moon, the Artemis Accords provide a common set of principles to enhance the governance of the civil exploration and use of outer space.
India is a signatory to this Accord.
Also, India's long-term ambitions in space include setting up the Bharatiya Antariksha Station by 2035 and sending the first Indian to the Moon by 2040.
To another query on the private sector increasingly engaging in space exploration, Williams said, "Commercialisation of space is great. And, what it means in the United States, at least, is ... there are opportunities for people to work in so many different companies."
"So not only rockets, not only spacecraft, but parts of space experiments, satellites, new technologies, 3D printing of metals, wherever anybody wants to work... I think it's awesome. I think it is great. I think there's more opportunity in the future," she said.
She underlined that space travel is a "team sport" and countries need to work together as "this is our one planet, we are here together".
Asked if space travel has changed her perspective towards life in general, Williams said, "Yes, absolutely."
"It changes one's perception about people having any differences. It really makes you feel like we are just one, and we all should probably work a little bit closer and easier together. And it actually sort of made me feel like, why would anybody argue about anything. I know, I'm married. I have a husband. We argue. So I understand arguments, but like the reality of it is, like why? You know, it seems so silly when you look at Earth from that perspective," Williams said.
