New Delhi [India], January 28 (ANI): The President of the European Council, Antonio Costa and the President of the European Commission, Ursula von der Leyen, concluded their landmark three-day state go to to India, which led to 13 important outcomes aimed toward deepening the India-EU strategic partnership, together with the India-EU Free Trade Agreement (FTA) and a defence pact underneath the Security and Defence Partnership.
In a publish on X, the Ministry of External Affairs (MEA) mentioned that Costa departed on Wednesday following the go to, and von der Leyen departed yesterday.
The MEA described the go to as ‘extremely profitable’, noting the ’13 wealthy outcomes’ aimed toward deepening the ties between the 2 nations.
‘A milestone go to concludes. President of European Council Antonio Costa departs after a extremely profitable go to. The President of European Commission Ursula von der Leyen departed yesterday night. The go to resulted in 13 wealthy outcomes which is able to improve the depth and breadth of India-EU strategic partnership,’ the publish learn.
The Ministry added that the outcomes will broaden European market entry for Indian items and providers.
‘These outcomes will improve market entry for our items and providers, create extra jobs and alternatives and assist the progress of our folks,’ it added.
On Tuesday, India and the EU signed a ‘milestone’ deal, dubbed the ‘Mother of All Deals’, by concluding their negotiations for a Free Trade Agreement (FTA).
The deal is considered one of India’s most strategic financial partnerships, designed as a contemporary, rules-based commerce partnership, which responds to up to date world challenges whereas enabling deeper market integration between the world’s fourth- and second-largest economies.
Both sides additionally signed a landmark Security and Defence Partnership, marking the primary overarching defence and safety framework between the 2 sides, as leaders from each blocs agreed to considerably deepen cooperation throughout strategic, regional and world safety domains.
With the signing of the deal, India turns into the third Asian nation to have such a cope with the EU after Japan and South Korea.
Apart from these, 13 agreements and preparations have been reached through the state go to of the European Presidents masking areas resembling commerce, safety, defence, mobility, clear vitality, science, and catastrophe administration.
The agreements have been signed through the sixteenth India-EU Summit co-chaired by Prime Minister Narendra Modi. (ANI)