Harshe, Rajen creator text xu| 2007 continuing ng p.1419-422. The European Union has 25 member nations and a single market of 460 million people while India is a major power in south Asia. Bilateral trade and development cooperation between the two have grown appreciably but only peace and greater regional cooperation in south Asia can take this relationship to its full potential. - Reproduced. European union Economic and Political Weekly 180718