EU trade summit: EU ministers call for deepening relations with US and India

Contributing sentiments towards policy:

69% : On Monday morning, EU Trade Chief Maroš Šefčovič highlighted in what ways the EU had already has delivered on their promises.
62% : With an estimated trade volume of €115 billion, India is the EU's tenth-largest trading partner, while the EU, with trade valued at €120 billion, ranks as India's second-largest.
60% : He is being represented by Luxembourg's ambassador to the EU, Nicolas Mackel.
59% : He specified that the EU has purchased US energy, including liquefied natural gas (LNG), oil, and nuclear energy, worth over €200 billion, with LNG imports rising from 45% to 60% thanks to long-term contracts.
57% : However, ties between the EU and the US are expected to dominate discussions at the summit.
56% : He added that EU investments in the US have nearly doubled to $154 billion since January.
56% : The summit will also address other topics, including trade relations with the EU's other global partners, particularly India.
55% : In July, the EU and US agreed on a trade deal stipulating that most goods exported from the EU to the US would be subject to a 15% tariff.
55% : In August, the two sides issued a joint statement on transatlantic trade, which amounts to €1.6 trillion annually. To take stock of the agreement's implementation, Monday's meeting will bring together the 27 EU trade ministers along with US Trade Secretary Howard Lutnick and Trade Representative Jamieson Greer.
54% : Against the backdrop of turbulent trade tensions caused by US tariffs on a wide range of products from various countries, EU trade ministers will convene in Brussels on Monday.
51% : Annual trade between the EU and China currently exceeds €845 billion.
45% : " The summit's agenda also includes trade relations with China and what the future of EU-China trade might look like.
44% : The EU Commissioner was cautiously optimistic at the summit's outset, stating that talks could be nearing a conclusion.
33% : Ever since the inauguration of the second Trump administration, international trade has been thrown into haywire due to President Trump's calls for a deemed rectification of the trade balance, and EU governments continue to be on a path to salvage US trade ties.

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