* Intra - EU competition will bring down operational coasts for Indian traders
*A borderless Europe will offer greater convenience in business
* Stability of Euro will reduce risk hedding problems
* Software exports to Eu, at $250 million now, may boom
BUT...
* There'll be more pressure on India to change its trade policies - removing quantititive restrictions and changeover to a sticker patebt and IPR regime
* Non - traffic barriers like export subsidies, quality and environmental standards,health and sanitary rules, child labour etc will come in for closer scrutiny
* the signal market could raise protectionism within EU
* Also, India with its hard economic realities, may fall behind in the race to capture new markets in EU
