The European Union (EU) and India held their first high-level dialogue (HLD) on February 5. The HLD arose out of the agenda set out during the 15th EU-India Leaders’ summit held in July 2020, which meets annually. While the HLD’s principal aim is to develop bilateral trade and investment ties, to be captained by top ministerial levels on both sides, it is a sign of the great importance the Europeans have attached to their future relations with vibrant Asian economies, such as India, whose economy ranked the world’s fifth largest at the end of 2020, just ahead of the UK’s.