India and EU Vow to Accelerate Strategic Partnership
Prime Minister Narendra Modi and European Commission President Ursula von der Leyen committed to finalizing a free trade agreement by year-end, enhancing the India-EU strategic partnership. The discussions aimed at broadening defense, security, and critical technology collaborations, with a focus on investment protection and an economic corridor.
- Country:
- India
Prime Minister Narendra Modi and European Commission President Ursula von der Leyen demonstrated a firm commitment to strengthen India-EU relations by pledging to conclude a significant free trade agreement by the end of the year.
The leaders emphasized expanding partnerships in defense, security, and technology during their discussions. Modi highlighted the natural alignment of the India-EU partnership, rooted in democratic values and trust. This move comes amidst global trade challenges posed by U.S. tariff policies.
Additionally, both sides are advancing talks on an investment protection pact and Geographical Indications. Modi also emphasized the importance of the India-Middle East-Europe Economic Corridor as a potential growth engine, while the EU expressed its desire to elevate its relationship with India to unprecedented levels.
(With inputs from agencies.)
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