India and the European Union will on Wednesday evening hold a bilateral virtual summit. The summit primarily aims to further broadbase the ties between the world’s biggest democracy and the 27-nation regional bloc. The main focus of the summit will be on areas including trade, investment and defence.
At the summit, where India will be represented by Prime Minister Narendra Modi and the European side by President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen, the two sides will also unveil a five-year roadmap to strengthen ties.
India-EU Summit: Key points
- A day ahead of the virtual summit, India and the European Union on Tuesday finalised a civil nuclear cooperation deal after 13 years of intense negotiations. As part of the agreement, the two sides will cooperate in the civil nuclear energy sector, including in research and development aimed at peaceful use of nuclear energy. A formal announcement on the same will be made during the summit today.
- Separate dialogue on maritime security and on boosting trade and investment are expected to be launched during the summit today.
- Further, the two sides are also looking to create avenues for effective cooperation between the CBI and Europol (EU agency for law enforcement cooperation) and may start a process for the same today. The cooperation between the two agencies is likely to focus on organised crime and terrorism.
- Ahead of the India-EU virtual summit, PM Modi today expressed confidence that the dialogue will boost New Delhi’s economic as well as cultural linkages with Europe. “Will take part in the India-EU Summit at 4:30 PM today. I am confident this Summit will further strengthen our economic as well as cultural linkages with Europe,” the PM tweeted.