Online published on 10 February, 2014.
Both the EU and India despite marked dissimilarities may be seen as emerging powers with shared features, interests and challenges. Although the ongoing dialogue between them holds significant potential for building a new world order based on justice, freedom and equality, it continues to underperform as both sides have different perceptions of what the dialogue for strategic cooperation for a new world order should stand for. Struggling with the Eurozone crisis in recent times, the EU has focussed on fire-fighting mechanisms in a partly successful manner, while India, despite being an emerging power with promising economic scales in terms of future political influence is still below minimum standards in terms of basic per capita requirements. However, both powers should oversee their roles as emerging balancing forces in the present system of global governance for establishing a new world order.