Rising India and Old Europe
Tempting as it may be, it would be wrong to write off Europe as yesterday’s power. Europe still matters even though this is not the message some EU policymakers have been sending out to a watching world. The impression that Europe is too busy dealing with internal challenges to play a strong global role is especially strong in Asia. True, China gets a great deal of EU attention. And the EU’s outreach on trade remains strong. But there is more to Asia than China - and trade and investment agreements must not be made a substitute for a more pro-active EU foreign policy.