fredag 14. juni 2019

India and Brexit: How New Delhi Can Position Itself to Maximize Benefit

The United Kingdom’s planned exit from the European Union, Brexit, keeps getting messier by the month. It led Theresa May to resign, just like David Cameron before her. It may end up making Boris Johnson the U.K.’s next prime minister, or be the cause of him facing judicial consequences. Brexit also led to the creation of the Brexit party, which got the largest vote share in recent European elections. So we now have British representatives in the EU who don’t want to be there. As of now, it shows no signs of getting better for the U.K.

What does this mean for India and why does it matter? The short answer is that Brexit may end up being good for India’s relations with the U.K. and the EU. The long answer, however, is a bit more complex. To get there, let’s put Brexit into context for India.