The EU–India Agreement and the Rift in the Dollar System

Global trade is changing its architecture. 💡 The new European Union–India trade agreement is not just about cars and pharmaceuticals, but about how the two powers will conduct transactions without depending on the US dollar and the SWIFT system. We analyze how the interconnection of India’s UPI with European instant payment infrastructures creates a parallel survival corridor in a multipolar world.

🔍 What you will see in the analysis:

Currency as a Weapon: Why the use of euros and rupees in transactions is a deeply political act of decoupling from US geopolitical pressure.

The Challenge to SWIFT: How alternative payment channels are reducing the monopoly of traditional infrastructures.

Strategic Diversification: Europe’s need to find a counterweight to China and India’s desire for technological autonomy.

The Power Triad: Raw materials, intellectual property, and financial services at the core.

Multicentricity: The gradual shift from hegemony to monetary plurality.

💡 The Conclusion:
This agreement is a test of strategic cohesion. If businesses and banks adopt this new framework, the euro will finally acquire the international role it deserves, and India will establish itself as an autonomous pole. The stakes for 2026 are not just trade, but the freedom of transactions.