New Delhi [India], January 27 (ANI): India and the European Union inked key agreements and MoUs on Tuesday within the presence of Prime Minister Narendra Modi and European Commission President Ursula von der Leyen and European Council President Antonio Costa. Notably, India and the EU have additionally agreed on a technique doc titled, ‘Towards 2030- a joint India-European Union Comprehensive Strategic Agenda.’
India and EU exchanged a number of agreements and MoUs reflecting the wide-ranging and multi-faceted cooperation as part of the India-EU Strategic Cooperation.
The India-EU Security and Defence Partnership doc was signed by EU VP Kaja Kallas and EAM S Jaishankar.
The political declaration on conclusion of negotiations on the India-EU FTA was signed by Commerce Minister Piyush Goyal and European Union Trade Commissioner Marcos Sefcovic.
The signing of the doc on a complete framework for cooperation on mobility was signed by European Union Trade Commissioner Marcos Sefcovic and EAM Jaishankar.
Other paperwork exhanged embrace cooperation on catastrophe danger administration, settlement on the structure of a inexperienced hydrogen process pressure and two paperwork MoU between the Rserve Bank of India and the European Securities and Markets Authority and the executive association on the superior digital seals and signaturted
PM Modi, EU Commission President Ursula von der Leyen and EU Council President Antonio Costa introduced the conclusion of the India-European Union Free Trade Agreement (India-EU FTA) on the sixteenth India-EU Summit on Tuesday. The paperwork on the FTA conclusion have been exchanged between EU Trade Commissioner Maros Sefcovic and Union Commerce Minister Piyush Goyal. This announcement marks a historic milestone in India-EU financial relations and commerce engagement with key world companions.
Shortly earlier than the joint press meet, Prime Minister Narendra Modi held delegation-level talks with the President of the European Commission, and the President of the European Council on the Hyderabad House within the nationwide capital.
The Indian delegation comprised of a number of leaders together with External Affairs Minister S Jaishankar, Commerce Minister Piyush Goyal, Foreign Secretary Vikram Misri, National Security Advisor Ajit Doval amongst others.
The European Delegation was led by President of the European Council, Antonio Luis Santos da Costa and President of the European Commission, Ursula Von Der Leyen. Other key leaders current included EU VP Kaja Kallas and European Union Trade Commissioner Marcos Sefcovic.
Union Commerce Minister described the settlement as ‘A formidable partnership for the world.’
Earlier, Prime Minister Narendra Modi hailed the India-EU Free Trade Agreement, reiterating it because the ‘Mother of all offers’ and the way it illustrates the partnership between two main economies of the world. The deal turns into important because it hyperlinks two main economies that command 1 / 4 of the world’s GDP.
With the signing of the deal, India turns into the third Asian nation to have such a take care of the EU after Japan and South Korea. (ANI)