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  • Britain will forgo membership of the EU Single Market and Customs Union (Common External Tariff and Common Commercial Policy) and end the jurisdiction of the European Court of Justice. The virtue of Mrs May’s strategy is that it should prevent the EU from continuing to hamstring Britain during negotiations after Brexit is final. Leaving both the single market and the customs union is the only way London can regain the ability to negotiate its own trade deals with the US, Canada and Australia. Those and other countries have tried and failed, or only barely succeeded, to conclude trade pacts with the EU.
  • He’s on several occasions spoken out against the European Union – just a few days ago, he described it as a “vehicle for Germany”, predicting that more countries will follow Britain and leave.
  • After 38 years of reform and opening up, China has become the world’s second-largest economy. “China’s development is an opportunity for the world. China has not only benefited from economic globalization but also contributed to it,” he said.
  • The question is not about hope for the European Union, but for the survival of democratic institutions. Anyway, “hope” is one more notion corroded by its political abuse during the last years of the crisis. One thing is for sure: strong political will and leadership is required. This is not a poker game. One cannot exploit populism à la carte. An integral strategy is needed. Otherwise, the political elite – politicians of a generation who has never lived outside the EU and inside the menace of populist predominance – will very soon find themselves trapped in their own trick. And what is at stake is much more than their petty political survival.
  • Uncertainties in Brussels over the future state of the European Union are directly reflected in EU-India relations. Prime Minister Modi met the leaders of Europe, President Tusk and Juncker at the EU-India Summit in Brussels, 2016. Europe is popular with Indians tourists. Efforts by Indian multinational companies, operating in industrial engineering and ICT domains, to cover European markets via quality-price competition and by providing innovative goods and services substitutes has seen mixed results due to structural shortcomings and regulatory difficulties.

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