Did PM Modi and EU Leaders Reaffirm Commitment to Conclude FTA Negotiations?

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Did PM Modi and EU Leaders Reaffirm Commitment to Conclude FTA Negotiations?

Synopsis

Prime Minister Narendra Modi spoke with EU leaders about accelerating the India-EU FTA negotiations. Discover how this collaboration could reshape trade dynamics and strengthen ties between Europe and India.

Key Takeaways

  • Commitment to conclude the India-EU FTA negotiations.
  • Advancement of the IMEEC Corridor for improved connectivity.
  • Focus on key sectors: trade, technology, and security.
  • Reinforcement of India's role in global stability.
  • Continued dialogue to address mutual concerns like the conflict in Ukraine.

New Delhi, Sep 4 (NationPress) Prime Minister Narendra Modi engaged in a telephonic dialogue with European Council President Antonio Costa and European Commission President Ursula von der Leyen on Thursday, reinforcing their mutual dedication to swiftly finalizing the India-EU Free Trade Agreement (FTA) discussions and advancing the India-Middle East-Europe Economic (IMEEC) Corridor.

The leaders acknowledged the advancements in bilateral relations across vital sectors including trade, technology, investment, innovation, sustainability, defense, security, and supply chain resilience. PM Modi extended an invitation to Costa and von der Leyen to visit India for the upcoming India-EU Summit. They also shared perspectives on regional and global matters of common concern, particularly the ongoing conflict in Ukraine.

The statement issued by the Prime Minister's Office (PMO) noted, "As the world’s largest democratic forces, India and the EU enjoy a robust relationship underpinned by trust, shared values, and a collective vision for the future. The leaders emphasized the significance of the India-EU Strategic Partnership in collaboratively tackling global challenges, ensuring stability, and fostering a rules-based order for shared prosperity."

During their conversation, PM Modi reiterated India’s unwavering support for a peaceful resolution of the Ukraine conflict and the urgent restoration of peace and stability in the area. The leaders committed to maintaining ongoing communication.

Building upon the landmark visit of the EU College of Commissioners to India in February, the leaders discussed organizing the next India-EU Summit in India at an early mutually convenient date, with PM Modi inviting both leaders to participate.

In June, PM Modi had conversed with Ursula von der Leyen at the G7 Summit in Canada’s Kananaskis. In a post on X, he remarked, "Productive discussion with President of the @EU_Commission, Ursula von der Leyen."

Additionally, during the G7 Summit, PM Modi had a "productive conversation" with Antonio Costa, as noted in his post on X: "Productive conversation with Mr. António Costa, President of the European Council."

In the same month, External Affairs Minister (EAM) S Jaishankar met with the European Commission President in Brussels, commending her strong condemnation of the April 22 Pahalgam terror attack and her solidarity with India in combating terrorism. Both parties recognized the advantages of enhancing collaboration in trade, technology, connectivity, and security to strengthen the India-European Union partnership.

"I was pleased to meet with European Commission President Ursula von der Leyen this morning. I welcomed her firm condemnation of the terrorist attack in Pahalgam and our shared commitment to fighting terrorism. We discussed ongoing efforts to deepen the India-EU partnership, agreeing on the benefits of stronger cooperation in trade, technology, connectivity, and security for both our regions," the EAM posted on X following the meeting.

Point of View

It is crucial to recognize that the dialogue between PM Modi and EU leaders reflects a commitment to enhancing bilateral relations. This partnership has the potential to address pressing global challenges and promote economic growth, underlining India's role as a key player on the international stage. Continued engagement will be essential for mutual prosperity.
NationPress
04/09/2025

Frequently Asked Questions

What is the India-EU Free Trade Agreement?
The India-EU Free Trade Agreement (FTA) aims to enhance trade and investment relations between India and the European Union by reducing tariffs and fostering economic cooperation.
What is the significance of the IMEEC Corridor?
The India-Middle East-Europe Economic Corridor (IMEEC) is a strategic initiative designed to improve connectivity and economic ties between India, the Middle East, and Europe.
How do the leaders plan to address the Ukraine conflict?
During their conversation, PM Modi emphasized India's support for a peaceful resolution to the Ukraine conflict, reinforcing the commitment to maintaining dialogue and collaboration with EU leaders.
What sectors are being focused on in the partnership?
Key sectors for collaboration include trade, technology, investment, innovation, sustainability, defense, security, and supply chain resilience.
What was discussed during the G7 Summit?
At the G7 Summit, PM Modi had productive discussions with EU leaders regarding strengthening ties and addressing global challenges, including economic cooperation and security.