Prime Minister Narendra Modi participated in the India-EU Leaders’ Meeting, held in a hybrid format. The India-European Union Leaders’ Meeting is hosted by Portugal. Portugal currently holds the chair of the grouping. PM Modi attended the event at the invitation of the President of the European Council Mr Charles Michel.
The leaders of all the 27 EU Member States, as well as the President of the European Council and the European Commission, participated in the meeting. This is the first time that the EU hosted a meeting with India in the EU+27 format.
Key highlights of India in the meeting
- It was proposed to further strengthen the India-EU Strategic Partnership based on a shared commitment to democracy, fundamental freedoms, rule of law and multilateralism.
- The leaders decided to resume negotiations for balanced and comprehensive free trade (FTA) and investment agreements.
Three key thematic areas of discussion included
- foreign policy and security;
- COVID-19, climate and environment; and
- trade, connectivity and technology.
- An ambitious and comprehensive ‘Connectivity Partnership’ was launched between India-EU with a focus on enhancing digital, energy, transport and people-to-people connectivity.
- A finance contract of Euro 150 million was also signed for the Pune Metro Rail Project by the Indian Ministry of Finance and European Investment Bank.
Important takeaways for all competitive exams:
- European Council Founded: 9 December 1974;
- European Union Headquarters location: Brussels, Belgium;
- European Union Founded: 1 November 1993.