India: A Trusted Friend and Strategic Ally, Affirms EU President

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By Burocrazy Team
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European Commission President Ursula von der Leyen with Indian Prime Minister Narendra Modi

News in Brief

European Commission President Ursula von der Leyen, during her visit to New Delhi, emphasized the deepening strategic partnership between India and the European Union (EU). She highlighted India's role as a trusted friend and strategic ally, with over 6,000 European companies operating in the country, contributing significantly to economic growth and job creation. Both parties are committed to finalizing a free trade agreement (FTA) within the year to enhance economic cooperation and market access.

 

In a significant diplomatic engagement, European Commission President Ursula von der Leyen arrived in New Delhi, underscoring the robust and evolving relationship between India and the European Union (EU). Upon her arrival, President von der Leyen described India as a "trusted friend and strategic ally," reflecting the mutual respect and shared values that have long characterized India-EU relations.

The economic ties between India and the EU are substantial, with more than 6,000 European companies currently operating within India. These enterprises have been instrumental in creating millions of jobs and driving economic growth across various sectors. This extensive economic collaboration underscores the importance of the bilateral relationship in fostering prosperity and development.

A focal point of President von der Leyen's visit is the advancement of a comprehensive free trade agreement (FTA) between India and the EU. Both parties have expressed a strong commitment to concluding the FTA negotiations within the current year. The successful implementation of this agreement is anticipated to significantly enhance economic cooperation, improve market access, and facilitate increased investments across both regions. The FTA aims to address various trade barriers, streamline regulatory frameworks, and create a more conducive environment for businesses to thrive.

In addition to economic discussions, the visit also encompasses dialogues on strengthening cooperation in areas such as technology, climate change, and security. The EU and India recognize the importance of collaborative efforts in addressing global challenges and are exploring avenues to bolster their strategic partnership further. This includes initiatives aimed at promoting sustainable development, enhancing digital connectivity, and ensuring regional stability.

President von der Leyen's visit marks a pivotal moment in India-EU relations, reflecting a shared vision for a collaborative and prosperous future. The deepening of this partnership holds promise for both regions, fostering economic growth, innovation, and a united approach to global challenges.

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