In a resounding endorsement of deeper Indo-European ties, Prime Minister Narendra Modi joined forces with top EU brass—Antonio Costa and Ursula von der Leyen—to welcome the wrap-up of India-EU FTA talks. Dubbed a historic milestone during the 16th India-EU Summit, this deal promises to reshape trade dynamics and propel mutual growth.
The agreement is set to bolster trade volumes, attract investments, and cultivate robust supply chains that withstand global shocks. It aligns perfectly with goals of inclusive development and shared economic resilience in turbulent times.
Amid calls for WTO overhaul, the leaders stressed the need for reforms that prioritize equitable global trade. Stronger India-EU economic bonds are vital for spurring employment, green innovations, industrial expansion, and dependable logistics networks.
Full FTA rollout is a priority, with directives issued to expedite IPA and GI negotiations. Consensus emerged on scaling private investments and business engagements. Tech synergies were a highlight, with the TTC positioned as a cornerstone for integrating R&D, innovation, and commerce throughout value chains.
Collaboration will intensify on digital infrastructure, frontier tech, and startups via new hubs and partnerships. The Science and Technology pact’s extension to 2030 garnered praise, as did plans to integrate India into Horizon Europe.
Sustainability efforts ramp up with the Green Hydrogen Task Force and the 2026 Wind Summit. Enhanced regional connectivity through partnerships, aviation, shipping, and IMEC will open doors for Indian and European firms alike.
The forthcoming AI Impact Summit in New Delhi received a thumbs-up from EU heads. At the Business Forum, leaders rallied business tycoons to inject fresh capital, ignite collaborations, and elevate India-EU trade to unprecedented heights, heralding a new chapter of prosperity.