India and EU Leaders Discuss Trade, Environment, and Energy Partnerships
Key Ideas
- Delegations from India and the European Union, led by Prime Minister Modi and EU President von der Leyen, directed teams to conclude Free Trade Agreement negotiations by year-end.
- Discussions covered a wide range of topics including trade, green technology, renewable energy, and cooperation in areas like AI and defence.
- A major outcome was the decision to finalize the Free Trade Agreement by the end of the year, with clear progress made on various working groups and technology tracks.
- India and the EU announced joint funding for clean energy research projects, including green hydrogen, and expressed commitment to deepen collaboration across various sectors.
During a visit to India, the European Commission President and members of the European College of Commissioners engaged in discussions with Indian leaders on enhancing partnerships in trade, environment, and energy. The visit aimed to strengthen the strategic partnership between India and the EU, with a focus on topics like digital technology, green energy, and AI. Prime Minister Narendra Modi and EU President Ursula von der Leyen directed their teams to conclude Free Trade Agreement negotiations by the end of the year. The discussions covered a wide range of themes including finance, renewable energy, environment, research, space, defence, and more. Progress was noted on various working groups such as strategic technologies, digital connectivity, and green technology. Joint funding of 60 million euros for research projects on clean energy, including green hydrogen, was announced. The leaders affirmed their commitment to deepen collaboration in areas like AI, defence, and supply chains, highlighting India as a key partner for Europe in an uncertain world.