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EU’s Indo-Pacific strategy

  • Category
    International Relations
  • Published
    26th Apr, 2021

The Council of the European Union approved the conclusions on a European Union strategy for cooperation in the Indo-Pacific.

Context

The Council of the European Union approved the conclusions on a European Union strategy for cooperation in the Indo-Pacific.

About

About the Conclusions

  • Regional Cooperation: It aims to reinforce the strategic focus, presence and actions of EU in this region.
    • It will contribute towards the regional stability, security, prosperity and sustainable development of the region.
    • It will tackle the rising challenges and tensions in the region.
    • EU will work towards upholding democracy, human rights, the rule of law and respect for international law in the region.
  • Rule based order: The EU will aim for the promotion of effective rules-based multilateralism.
    • The EU’s will approach towards a rules-based international order, a level playing field, as well as an open and fair environment for trade and investment, reciprocity, the strengthening of resilience, tackling climate change and supporting connectivity with the EU.
    • It will try to form a free and open maritime supply routes that will comply fully with international law remain crucial.
  • Trade partnership: The EU will aim to conclude free trade agreements with Australia, Indonesia and New Zealand.
    • It will also take further steps towards the Comprehensive Agreement on Investment with China.
    • The EU will continue to explore deeper economic relations with India.
  • Security cooperation: The EU will cooperate in security and defence front which will include the maritime security, cyber activities, disinformation, terrorism, and organized crime.
    • EU has also taken decision to extend the geographic scope of CRIMARIO (Critical Maritime Routes) II activities from the Indian Ocean into South and Southeast Asia.

European Union (EU)

  • It is a political and Economic Union (EU) of 27 member states which are located primarily in Europe.
  • EU policies aim to ensure the free movement of people, goods, services and capital within the internal market.
  • It enacts legislation in justice and home affairs.
  • EU maintains common policies on trade, agriculture, fisheries and regional development.
  • Passport controls have also been abolished for travel within the Schengen Area.
  • A monetary union was established in 1999 that came in full force in 2002.
    • It is composed of 19 EU member states which use the euro currency. 
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