India, EU ties in focus as trade talks resume

Indian Prime Minister Narendra Modi met with President of the European Commission Ursula von der Leyen and held productive discussions on the sidelines of the Group of Seven (G7) Summit.

Both leaders reviewed India-EU cooperation in trade, investment, climate action and welcomed the resumption of negotiations on the Trade, Investment and GI Agreements. "Productive discussions held between PM @narendramodi and President @EU_Commission @vonderleyen on the margins of G7. Reviewed India-EU cooperation in trade, investment, technology, and climate action. Welcomed resumption of negotiations on the Trade, Investment and GI Agreements," the Ministry of External Affairs (MEA) tweeted.

The Prime Minister held an "outstanding" meeting with the EU chief during which they discussed important issues including efforts to combat climate change and ways to boost digital cooperation.

"President @EU_Commission @vonderleyen and I had an outstanding meeting earlier today. We discussed ways to deepen investment linkages, efforts to combat climate change, boosting digital cooperation and other important issues," PM Modi tweeted.

Earlier, PM Modi and President von der Leyen agreed to launch the India-EU Trade and Technology Council at their meeting in New Delhi on April 25.
During the bilateral talks, both sides reviewed the progress in implementing the India-EU Roadmap 2025 and the outcomes of the India-EU Leaders' Meeting in May 2021.

They welcomed the recent decision to formally restart negotiations on India-EU Trade and Investment Agreements by June 2022. Both sides expressed hope in the early conclusion of negotiations for unlocking the full potential of bilateral trade and economic relations. Both sides have since noted the strong synergies between India-EU Connectivity Partnership announced last year and EU's new Global Gateway strategy and agreed to fast-track its implementation.

(ANI)

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