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India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade, Ambassador of the European Union to India, Ugo Astuto, has said. "We need to discuss issues such as government procurement, labour standards and sustainability. These are part and parcel of all our Free Trade Agreements (FTAs). These are complex matters. So, the discussions on technical issues continue," Astuto said during an interaction with mediapersons on Tuesday. The EU Ambassador was answering queries on whether there were particular issues on which negotiations for the bilateral FTA, officially known as the Broad-based Trade and Investment Agreement (BTIA), were stuck. Soon after walking out of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) pact last month, Commerce & Industry Minister Piyush Goyal, had said India was interested in pushing ahead with the FTA talks, with the EU. "We are working on the technical issues together. Hopefully, we will achieve results," Astuto added.
On the draft personal data protection Bill 2018, that got the Cabinet nod recently, the Ambassador said the process was still ongoing and the EU was watching it.
Q. Which of the following, based on the paragraph can be considered as the best approach for the governments to improve trade relations?
  • a)
    Governments should focus mainly on export and export promotion so as to boost trade.
  • b)
    Data protection and robust tax ation system should be ensured by two trade blocs, only then an FTA can be formalised.
  • c)
    Working on issues like government procurement, labour standards and sustainability is an important prerequisite for all the Free Trade Agreements (FTAs) which are signed by the EU.
  • d)
    Signing of Trade agreements is a guaranteed solution for improving the trade ties between trade blocs without any obstacles.
Correct answer is option 'C'. Can you explain this answer?
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India and the EU need to sort out complex issues such as government p...
Statements (a) and (b) cannot be inferred to be the best approach as per the paragraph. Statement (c) is true as issues like government procurement, labour standards and sustainability are part and parcel of all the Free Trade Agreements (FTAs) which are signed by the EU.
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Direction: Kindly read the passage carefully and answer the questions given below.While Pakistan is beset by multiple crises on the political, social and economic fronts, media attention is focused on the debt crisis and analysts are preoccupied with the question whether the IMF would soon release a last tranche of $1.1 billion out of a $6.5 billion loan programme sanctioned in July 2019 and subsequently extended and enhanced. That tranche is presented as a prerequisite for a resolution of the debt crisis facing the country. The government in Pakistan, beleaguered by multiple crises, also seems convinced by this argument and is struggling to meet conditions that have been set by the multilateral institution for release of the sum.More recently, as the US lost confidence and interest in its operations in the region and reduced lending to Pakistan, China entered the picture. Its strategic interests made Pakistan an important ally, leading to provision of large funds, including to projects that were part of the Belt and Road initiative. As a result, while the share of bilateral loans in Pakistan’s outstanding external debt remained stagnant around 28 per cent between 2014 and 2021, the share of the Paris Club creditors declined because of “aid fatigue”, whereas that of China rose sharply (from 7.8 per cent of outstanding eternal debt in 2014 to 19.2 per cent in 2021). With lending by China directed mainly to the government, China’s share in government is 30 per cent. If the burden of debt restructuring is to fall largely on bilateral creditors, then China would have to shoulder a very large proportion of that burden and suffer the most losses. This is not likely to be acceptable to China, for three reasons.First, although it has been a dominant bilateral lender to Pakistan over the last decade, it cannot be held solely responsible for the weaknesses that have pushed Pakistan to a situation where it is on the verge of default. Second, while China may be willing to take a hit to help Pakistan, it does not see why it must take most of the haircut, while multilaterals like the World Bank and the Asian Development Bank go scot-free. And, finally, even to the extent that it does take a cut, it does not see why it should allow the magnitude and nature of the cut to be determined in a negotiation led by the IMF and the governments that dominate it. Given all this, it is unlikely that the IMF with its small one billion plus contribution would be able to force an early resolution. Despite this, the IMF is choosing to use that argument to pressure the government in Pakistan into adopting policies that would only worsen rather than alleviate its problems.Q.What is the most probable consequence of Chinas increasing portion of Pakistans external debt?

To achieve long-term sustainability, it is necessary to strive for a green economy and come up with solutions to address limitations to resource footprints. This will require innovations across the board and creativity in all fields.Creativity and sustainability are closely linked. The UN's Agenda 2030 with its 17 SDGs sets out the economic, social and environmental dimensions of a sustainable world. This requires concerted efforts towards building an inclusive and resilient future for the planet. Innovation, the business of ideas, is increasingly seen as the key to future societal prosperity and business success. Innovation includes not only ingenuity and imagination, but even more so new processes, new technologies, and new ways of using existing technology. Innovations need to overcome the hurdles of affordability, adaptability, scalability, replicability and sustainability. Any new technology or process that does not create a positive change in the lives of people does not really qualify as innovation.The Industrial Revolution 4.0 will open up new avenues for science-driven creativity and innovation. The world must resort to the ultimate renewable resource: human ingenuity and creativity.Creativity is at the heart of sustainability, rooted in sustainable social, economic, environmental and cultural practices. It is a special kind of renewable resource and human talent. Creativity and sustainability can be approached from different disciplinary and thematic perspectives as well as from trans-disciplinary and intercultural perspectives. The soft power elements of creativity, ingenuity, innovation and imagination are playing an important role in the development process at all levels.Q. The second paragraph primarily establishes the relation between which of the following pairs?

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India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade, Ambassador of the European Union to India, Ugo Astuto, has said. "We need to discuss issues such as government procurement, labour standards and sustainability. These are part and parcel of all our Free Trade Agreements (FTAs). These are complex matters. So, the discussions on technical issues continue," Astuto said during an interaction with mediapersons on Tuesday. The EU Ambassador was answering queries on whether there were particular issues on which negotiations for the bilateral FTA, officially known as the Broad-based Trade and Investment Agreement (BTIA), were stuck. Soon after walking out of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) pact last month, Commerce & Industry Minister Piyush Goyal, had said India was interested in pushing ahead with the FTA talks, with the EU. "We are working on the technical issues together. Hopefully, we will achieve results," Astuto added.On the draft personal data protection Bill 2018, that got the Cabinet nod recently, the Ambassador said the process was still ongoing and the EU was watching it.Q. Which of the following, based on the paragraph can be considered as the best approach for the governments to improve trade relations?a)Governments should focus mainly on export and export promotion so as to boost trade.b)Data protection and robust tax ation system should be ensured by two trade blocs, only then an FTA can be formalised.c)Working on issues like government procurement, labour standards and sustainability is an important prerequisite for all the Free Trade Agreements (FTAs) which are signed by the EU.d)Signing of Trade agreements is a guaranteed solution for improving the trade ties between trade blocs without any obstacles.Correct answer is option 'C'. Can you explain this answer?
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India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade, Ambassador of the European Union to India, Ugo Astuto, has said. "We need to discuss issues such as government procurement, labour standards and sustainability. These are part and parcel of all our Free Trade Agreements (FTAs). These are complex matters. So, the discussions on technical issues continue," Astuto said during an interaction with mediapersons on Tuesday. The EU Ambassador was answering queries on whether there were particular issues on which negotiations for the bilateral FTA, officially known as the Broad-based Trade and Investment Agreement (BTIA), were stuck. Soon after walking out of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) pact last month, Commerce & Industry Minister Piyush Goyal, had said India was interested in pushing ahead with the FTA talks, with the EU. "We are working on the technical issues together. Hopefully, we will achieve results," Astuto added.On the draft personal data protection Bill 2018, that got the Cabinet nod recently, the Ambassador said the process was still ongoing and the EU was watching it.Q. Which of the following, based on the paragraph can be considered as the best approach for the governments to improve trade relations?a)Governments should focus mainly on export and export promotion so as to boost trade.b)Data protection and robust tax ation system should be ensured by two trade blocs, only then an FTA can be formalised.c)Working on issues like government procurement, labour standards and sustainability is an important prerequisite for all the Free Trade Agreements (FTAs) which are signed by the EU.d)Signing of Trade agreements is a guaranteed solution for improving the trade ties between trade blocs without any obstacles.Correct answer is option 'C'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade, Ambassador of the European Union to India, Ugo Astuto, has said. "We need to discuss issues such as government procurement, labour standards and sustainability. These are part and parcel of all our Free Trade Agreements (FTAs). These are complex matters. So, the discussions on technical issues continue," Astuto said during an interaction with mediapersons on Tuesday. The EU Ambassador was answering queries on whether there were particular issues on which negotiations for the bilateral FTA, officially known as the Broad-based Trade and Investment Agreement (BTIA), were stuck. Soon after walking out of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) pact last month, Commerce & Industry Minister Piyush Goyal, had said India was interested in pushing ahead with the FTA talks, with the EU. "We are working on the technical issues together. Hopefully, we will achieve results," Astuto added.On the draft personal data protection Bill 2018, that got the Cabinet nod recently, the Ambassador said the process was still ongoing and the EU was watching it.Q. Which of the following, based on the paragraph can be considered as the best approach for the governments to improve trade relations?a)Governments should focus mainly on export and export promotion so as to boost trade.b)Data protection and robust tax ation system should be ensured by two trade blocs, only then an FTA can be formalised.c)Working on issues like government procurement, labour standards and sustainability is an important prerequisite for all the Free Trade Agreements (FTAs) which are signed by the EU.d)Signing of Trade agreements is a guaranteed solution for improving the trade ties between trade blocs without any obstacles.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade, Ambassador of the European Union to India, Ugo Astuto, has said. "We need to discuss issues such as government procurement, labour standards and sustainability. These are part and parcel of all our Free Trade Agreements (FTAs). These are complex matters. So, the discussions on technical issues continue," Astuto said during an interaction with mediapersons on Tuesday. The EU Ambassador was answering queries on whether there were particular issues on which negotiations for the bilateral FTA, officially known as the Broad-based Trade and Investment Agreement (BTIA), were stuck. Soon after walking out of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) pact last month, Commerce & Industry Minister Piyush Goyal, had said India was interested in pushing ahead with the FTA talks, with the EU. "We are working on the technical issues together. Hopefully, we will achieve results," Astuto added.On the draft personal data protection Bill 2018, that got the Cabinet nod recently, the Ambassador said the process was still ongoing and the EU was watching it.Q. Which of the following, based on the paragraph can be considered as the best approach for the governments to improve trade relations?a)Governments should focus mainly on export and export promotion so as to boost trade.b)Data protection and robust tax ation system should be ensured by two trade blocs, only then an FTA can be formalised.c)Working on issues like government procurement, labour standards and sustainability is an important prerequisite for all the Free Trade Agreements (FTAs) which are signed by the EU.d)Signing of Trade agreements is a guaranteed solution for improving the trade ties between trade blocs without any obstacles.Correct answer is option 'C'. Can you explain this answer?.
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Here you can find the meaning of India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade, Ambassador of the European Union to India, Ugo Astuto, has said. "We need to discuss issues such as government procurement, labour standards and sustainability. These are part and parcel of all our Free Trade Agreements (FTAs). These are complex matters. So, the discussions on technical issues continue," Astuto said during an interaction with mediapersons on Tuesday. The EU Ambassador was answering queries on whether there were particular issues on which negotiations for the bilateral FTA, officially known as the Broad-based Trade and Investment Agreement (BTIA), were stuck. Soon after walking out of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) pact last month, Commerce & Industry Minister Piyush Goyal, had said India was interested in pushing ahead with the FTA talks, with the EU. "We are working on the technical issues together. Hopefully, we will achieve results," Astuto added.On the draft personal data protection Bill 2018, that got the Cabinet nod recently, the Ambassador said the process was still ongoing and the EU was watching it.Q. Which of the following, based on the paragraph can be considered as the best approach for the governments to improve trade relations?a)Governments should focus mainly on export and export promotion so as to boost trade.b)Data protection and robust tax ation system should be ensured by two trade blocs, only then an FTA can be formalised.c)Working on issues like government procurement, labour standards and sustainability is an important prerequisite for all the Free Trade Agreements (FTAs) which are signed by the EU.d)Signing of Trade agreements is a guaranteed solution for improving the trade ties between trade blocs without any obstacles.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade, Ambassador of the European Union to India, Ugo Astuto, has said. "We need to discuss issues such as government procurement, labour standards and sustainability. These are part and parcel of all our Free Trade Agreements (FTAs). These are complex matters. So, the discussions on technical issues continue," Astuto said during an interaction with mediapersons on Tuesday. The EU Ambassador was answering queries on whether there were particular issues on which negotiations for the bilateral FTA, officially known as the Broad-based Trade and Investment Agreement (BTIA), were stuck. Soon after walking out of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) pact last month, Commerce & Industry Minister Piyush Goyal, had said India was interested in pushing ahead with the FTA talks, with the EU. "We are working on the technical issues together. Hopefully, we will achieve results," Astuto added.On the draft personal data protection Bill 2018, that got the Cabinet nod recently, the Ambassador said the process was still ongoing and the EU was watching it.Q. Which of the following, based on the paragraph can be considered as the best approach for the governments to improve trade relations?a)Governments should focus mainly on export and export promotion so as to boost trade.b)Data protection and robust tax ation system should be ensured by two trade blocs, only then an FTA can be formalised.c)Working on issues like government procurement, labour standards and sustainability is an important prerequisite for all the Free Trade Agreements (FTAs) which are signed by the EU.d)Signing of Trade agreements is a guaranteed solution for improving the trade ties between trade blocs without any obstacles.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade, Ambassador of the European Union to India, Ugo Astuto, has said. "We need to discuss issues such as government procurement, labour standards and sustainability. These are part and parcel of all our Free Trade Agreements (FTAs). These are complex matters. So, the discussions on technical issues continue," Astuto said during an interaction with mediapersons on Tuesday. The EU Ambassador was answering queries on whether there were particular issues on which negotiations for the bilateral FTA, officially known as the Broad-based Trade and Investment Agreement (BTIA), were stuck. Soon after walking out of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) pact last month, Commerce & Industry Minister Piyush Goyal, had said India was interested in pushing ahead with the FTA talks, with the EU. "We are working on the technical issues together. Hopefully, we will achieve results," Astuto added.On the draft personal data protection Bill 2018, that got the Cabinet nod recently, the Ambassador said the process was still ongoing and the EU was watching it.Q. Which of the following, based on the paragraph can be considered as the best approach for the governments to improve trade relations?a)Governments should focus mainly on export and export promotion so as to boost trade.b)Data protection and robust tax ation system should be ensured by two trade blocs, only then an FTA can be formalised.c)Working on issues like government procurement, labour standards and sustainability is an important prerequisite for all the Free Trade Agreements (FTAs) which are signed by the EU.d)Signing of Trade agreements is a guaranteed solution for improving the trade ties between trade blocs without any obstacles.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade, Ambassador of the European Union to India, Ugo Astuto, has said. "We need to discuss issues such as government procurement, labour standards and sustainability. These are part and parcel of all our Free Trade Agreements (FTAs). These are complex matters. So, the discussions on technical issues continue," Astuto said during an interaction with mediapersons on Tuesday. The EU Ambassador was answering queries on whether there were particular issues on which negotiations for the bilateral FTA, officially known as the Broad-based Trade and Investment Agreement (BTIA), were stuck. Soon after walking out of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) pact last month, Commerce & Industry Minister Piyush Goyal, had said India was interested in pushing ahead with the FTA talks, with the EU. "We are working on the technical issues together. Hopefully, we will achieve results," Astuto added.On the draft personal data protection Bill 2018, that got the Cabinet nod recently, the Ambassador said the process was still ongoing and the EU was watching it.Q. Which of the following, based on the paragraph can be considered as the best approach for the governments to improve trade relations?a)Governments should focus mainly on export and export promotion so as to boost trade.b)Data protection and robust tax ation system should be ensured by two trade blocs, only then an FTA can be formalised.c)Working on issues like government procurement, labour standards and sustainability is an important prerequisite for all the Free Trade Agreements (FTAs) which are signed by the EU.d)Signing of Trade agreements is a guaranteed solution for improving the trade ties between trade blocs without any obstacles.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade, Ambassador of the European Union to India, Ugo Astuto, has said. "We need to discuss issues such as government procurement, labour standards and sustainability. These are part and parcel of all our Free Trade Agreements (FTAs). These are complex matters. So, the discussions on technical issues continue," Astuto said during an interaction with mediapersons on Tuesday. The EU Ambassador was answering queries on whether there were particular issues on which negotiations for the bilateral FTA, officially known as the Broad-based Trade and Investment Agreement (BTIA), were stuck. Soon after walking out of the ASEAN-led Regional Comprehensive Economic Partnership (RCEP) pact last month, Commerce & Industry Minister Piyush Goyal, had said India was interested in pushing ahead with the FTA talks, with the EU. "We are working on the technical issues together. Hopefully, we will achieve results," Astuto added.On the draft personal data protection Bill 2018, that got the Cabinet nod recently, the Ambassador said the process was still ongoing and the EU was watching it.Q. Which of the following, based on the paragraph can be considered as the best approach for the governments to improve trade relations?a)Governments should focus mainly on export and export promotion so as to boost trade.b)Data protection and robust tax ation system should be ensured by two trade blocs, only then an FTA can be formalised.c)Working on issues like government procurement, labour standards and sustainability is an important prerequisite for all the Free Trade Agreements (FTAs) which are signed by the EU.d)Signing of Trade agreements is a guaranteed solution for improving the trade ties between trade blocs without any obstacles.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.
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