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The John Batchelor Show

S8 Ep415: Guest: Sadanand Dhume. Dhume reports on the India-EU trade deal after 21 years of negotiation, analyzing the significance of this agreement for both economies and regional geopolitics.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 4 February 2026

⏱️ 11 minutes

🧾️ Download transcript

Summary

Guest: Sadanand Dhume. Dhume reports on the India-EU trade deal after 21 years of negotiation, analyzing the significance of this agreement for both economies and regional geopolitics.
1930 MUMBAI

Transcript

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0:00.0

I'm John Batchel. I welcome my colleague, Satternan-Dumay, of the American Enterprise

0:20.2

Institute writing his column East Disease for the Wall Street Journal editorial page about John Batchel. I welcome my colleague, Saarandumay, of the American Enterprise Institute,

0:21.0

writing his column East as East for the Wall Street Journal editorial page about a tale of two deals.

0:27.1

The first deal is the European Union worth 18, 19 trillion assets, with the subcontinent's

0:34.4

dominant for power, India.

0:38.2

And there's a very happy smile on the faces of the European Commission President, Ms. Vendelai,

0:43.9

the India Prime Minister Narendra Modi, and the European Council President Antonio Costa.

0:48.8

Very happy smiles.

0:50.0

Why?

0:50.9

Because this deal was 21 years being prepared in the kitchen of trade.

0:56.5

The competing headline comes immediately.

0:59.5

U.S. to cut tariffs on India to 18%. India agrees to end Russian oil purchases.

1:04.2

This is about the Trump administration and its now advantageous trade deal with India.

1:12.8

And this was, oh, about eight months in preparation.

1:16.6

So 21 years versus eight months and what is to be done.

1:20.9

Sadden on a very good evening to you, it looks like double news,

1:23.3

but I want to start with the long-weighted European Union.

1:27.4

Both the European unions and India think of themselves. but I want to start with the long-weighted European Union.

1:32.7

Both the European unions and the India think of themselves as middle powers.

1:35.0

What does this deal do for India?

1:36.9

What is Mr. Modi brought to the table?

1:37.7

Good evening to you.

...

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