What key agreements were signed at the India-EU Summit?

The summit saw the signing of a Free Trade Agreement and a Security and Defence Partnership, among other pacts.

How will the India-EU agreements impact global order?

The agreements are expected to strengthen multipolarity and help derisk the global order.

What is being done to enhance cooperation on AI between India and the EU?

Cooperation on AI includes plans for joint research programs, funding for public research, and the establishment of EU-India Innovation Hubs.

Home / Business and Economy / India-EU Summit: FTA & Defense Pacts Signed

India-EU Summit: FTA & Defense Pacts Signed

27 Jan

•

Summary

India and EU signed a Free Trade Agreement and Security Partnership.
Agreements aim to strengthen multipolarity and global stability.
Cooperation on AI and innovation includes joint research programs.

India-EU Summit: FTA & Defense Pacts Signed

India and the European Union concluded a series of significant agreements at their 16th Summit, marking a pivotal moment in their bilateral relationship. The landmark pacts, including a comprehensive Free Trade Agreement and a robust Security and Defence Partnership, are set to deepen ties and reinforce global multipolarity.

External Affairs Minister S Jaishankar emphasized that these outcomes lay the foundation for a stronger partnership, helping to "derisk the global order." The summit saw participation from Prime Minister Narendra Modi, European Council President Antonio Costa, and European Commission President Ursula von der Leyen.

Cooperation on human-centric artificial intelligence and innovation was a key focus. Europe announced funding for a public research program, aiming to advance partnerships on AI and frontier technologies through initiatives like India's association with Horizon Europe and the establishment of EU-India Innovation Hubs.