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Friday, Mar 07, 2025
Outside the box.
EU and India Forge New Cooperation Strategy with Trade Agreement in Sight
EU Commission President Ursula von der Leyen and Indian Prime Minister Narendra Modi outline ambitious plans for a stronger partnership in trade, security, and innovation.
Brussels - The European Union and India have outlined a renewed strategy for cooperation across various sectors, including trade, technology, innovation, and investment.
This development follows a visit by EU Commission President Ursula von der Leyen to India, which aims to strengthen the existing partnership between the two entities.
Prime Minister Narendra Modi announced a 'blueprint for collaboration' aimed at enhancing mutual interests in trade, investment, innovation, green growth, security, and mobility.
Modi stated that the cooperation has the potential to advance significantly, with a bilateral free trade agreement targeted for completion by the end of this year.
During a joint press conference, Modi expressed optimism regarding the partnership, declaring that the visit had revitalized relations and led to a 'bold and ambitious roadmap for the India-EU partnership for the period beyond 2025.' The roadmap is set to focus on key areas including trade and technology, security and defense, connectivity, and the establishment of a global partnership.
Von der Leyen emphasized the importance of the collaboration by stating that the geopolitical landscape necessitates decisive action and remarked, 'For Europe, India is a pillar of certainty in an increasingly uncertain world.' This comment is situated within a context of heightened global tensions, referencing ongoing military actions in Ukraine and shifting foreign policy dynamics involving the United States and China.
The EU has indicated that it seeks a proactive approach to its relationship with India, which is viewed as crucial for addressing contemporary global challenges.
EU officials anticipate that the agreements forged during von der Leyen's visit will serve to enhance both parties' strategic interests in an evolving international order.
This development follows a visit by EU Commission President Ursula von der Leyen to India, which aims to strengthen the existing partnership between the two entities.
Prime Minister Narendra Modi announced a 'blueprint for collaboration' aimed at enhancing mutual interests in trade, investment, innovation, green growth, security, and mobility.
Modi stated that the cooperation has the potential to advance significantly, with a bilateral free trade agreement targeted for completion by the end of this year.
During a joint press conference, Modi expressed optimism regarding the partnership, declaring that the visit had revitalized relations and led to a 'bold and ambitious roadmap for the India-EU partnership for the period beyond 2025.' The roadmap is set to focus on key areas including trade and technology, security and defense, connectivity, and the establishment of a global partnership.
Von der Leyen emphasized the importance of the collaboration by stating that the geopolitical landscape necessitates decisive action and remarked, 'For Europe, India is a pillar of certainty in an increasingly uncertain world.' This comment is situated within a context of heightened global tensions, referencing ongoing military actions in Ukraine and shifting foreign policy dynamics involving the United States and China.
The EU has indicated that it seeks a proactive approach to its relationship with India, which is viewed as crucial for addressing contemporary global challenges.
EU officials anticipate that the agreements forged during von der Leyen's visit will serve to enhance both parties' strategic interests in an evolving international order.
