India is one fascinating country that although maybe a very poor country
It is one that is progressively growing and has much going for it and with a huge population its imports and exports
Sit at 14th and 18th in the world and it has an economic complexity ranking 37th and with all that much more
Why could India not join the European Union? Hey everybody what's going on welcome to FTD facts
My name is Dave Walpole now for those who are returning to the channel welcome back now you guys know we do a lot of
Stuff where we talk about Southeast Asian content, but for me
I was kind of wondering to myself would it be possible if India could join the EU
Which is the European Union now before getting this video if you guys really love learning about cultures and people from all around the world
You want to hit that subscribe button because that's what we do here and on top of that guys if you really think that this
is a good topic and you want us to talk more about these sort of political stuff well then hit that like button and we
Might do more in the future now before we get in this video you may wonder
What would be the benefit of India joining the European Union?
Well first of all it would be a very close ally with many European Union countries
It would have better trade and of course it would have a much stronger dollar if it took on the euro
but for this to happen we should look at the criteria of the EU now the e used criteria is called the
Copenhagen criteria and in order to join you need to have stable
institutions
guaranteeing
democracy rule of law human rights and respect and protection for minorities as well one country needs to have a functioning market economy and the
capacity to cope with competition and market forces in the EU and
Lastly if India was to join it would need to have the ability to take on and implement effectively the obligations of membership
Including adherence to aims of political economic and monetary union well, what does that mean well?
Let's take a look at the second one when it comes to its economy does India even
Compete with EU countries first of all India is a country that has great trade with all of Europe for example India exports
8.57 billion dollars to the UK
7.18 billion dollars to Germany and 4.1 billion dollars to France and that's not even including the other European nations
That's just some of the top ones that I picked and as for imports they spend
3.86 billion dollars to the UK
11.5 billion dollars to Germany and
3.17 billion dollars from France
But it should be also mentioned that India is
Actually the largest partner when it comes to trading with the EU out of any country in the world
This is because currently with the EU
India makes up
13.5 percent of overall trade and that was it within the years of 2015 in 16 and because of that since
2007 there's been major talks about having free trade between European Union countries and India now
We know it's economy is very strong with the EU
But let's take a look at that rule when it comes to
Democracy and of course its protection of minorities well India is actually classified as a Democratic Republic
And it has also been called the world's largest democratic country and has been this way since its constitution came into effect on
January 26 1950 now as for guaranteeing human rights and the right to protect minorities India has gone through
Processes to protect many of its cultures natives in history and although currently India is dealing with some minority issues within the country it
should be noted that its Constitution does indicate that the countries should have equal treatment and tolerance of
Religions and people and of course India is a country that does not have an official state religion
Meaning that no religion really controls the government and that also means that religion does not run state schools
Now as for laws when it comes to woman the government does state that employers may not discriminate against sex or sexual preference
Now one thing that we also got mention is the obligations to the EU now
This is a hard one for us to determine because well
What are those obligations?
But however it should be noted that within the European Union all the seats in the parliament are not evenly given out by population
But however the rules do state that the distribution of seats should be digressive ly proportional to a country's population
And because of the population of India
they would actually have more seats in the EU than any other country and
theoretically
You could say it would no longer be called the European Union maybe the Indian Union
or the South Asian Union and also
Because India does trading with other countries around its borders such as places like Russia and Pakistan
They actually might lose those trading partners if they take on the euro because it might be too expensive for them
And although India may have a lot of things going for it one downside is that India will never actually join the EU
Simply because it's not a European country. I know that sounds bogus, but it's happened in the past. This is because in
1987 Morocco even attempted to join the European Union
But was refused due to the fact. That is not considered a European nation
However that being said India was also one of the first nations in the world to begin good trade and relations with the EU
and since 2004 they have been strategic partners in trade and since 2008 the EU and India went into heavy partnership of
Developing nuclear energy, so there you have it guys, but just for fun
Would you think it would be a good idea if India joined the EU?
Let me know your thoughts down there in the comments section below, but my name is Dave Walpole
And I want to thank you all for tuning in and well learning with me about this hypothetical
Question of whether or not India could actually join the EU I know it's just a lot of fun and silly sort of questions
But if you guys want to learn more at the end screen in this video
We've got some cool videos for you guys to check out and on top of that if you want to go down in the description
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And you guys have yourself a good one. Okay? Bye
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