2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Trade
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Terrorism
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Agriculture
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Medicines and Health Care
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Detailed explanation-1: -The first India-EU Summit took place in Lisbon in June 2000 and marked a watershed in the evolution of the relationship. Since then, twelve annual Summits have been held, the last one in New Delhi on 10 February 2012.
Detailed explanation-2: -India is among the few nations in the world that run a surplus in services trade with the EU. Investment stocks from Europe to India reached €51.2 billion in 2015. As of 2021 EU is India’s third largest trading partner, accounting for €88 billion worth of trade in goods or 10.8% of total Indian trade.
Detailed explanation-3: -Statement of the Euro Summit, 16 December 2021 The Euro Summit, meeting in an inclusive format, adopted a statement on 16 December 2021.
Detailed explanation-4: -India is the EU’s 10th largest trading partner, accounting for 2.1% of EU total trade in goods in 2021, well behind China (16.2%), the USA (14.7%) or the UK (10%). Trade in goods between the EU and India increased by about 30% in the last decade. Trade in services between the EU and India reached €30.4 billion in 2020.