February 18, 2020
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Euro Effect

Euro Effect
outlookindia.com
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* Intra - EU competition will bring down operational coasts for Indian traders

*A borderless Europe will offer greater convenience in business

* Stability of Euro will reduce risk hedding problems

* Software exports to Eu, at $250 million now, may boom

BUT...

* There'll be more pressure on India  to change its trade policies - removing quantititive restrictions and changeover to a sticker patebt and IPR regime

* Non - traffic barriers like export subsidies, quality and environmental standards,health and sanitary rules, child labour etc will come in for closer scrutiny

* the signal market could raise protectionism within EU

* Also, India with its hard economic realities, may fall behind in the race to capture new markets in EU

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