External Affairs Minister S. Jaishankar on Tuesday said the India-European Union (EU) summit would strengthen multipolarity and help “derisk” the global order.
He added that the summit’s outcomes, including the Free Trade Agreement (FTA) and other agreements, laid the foundation for a deeper and broader partnership between India and the EU.
In a post on X, Jaishankar said, “India and the European Union, two major democracies and market economies, concluded pathbreaking agreements today at the 16th Summit under the leadership of PM Narendra Modi, President Antonio Costa and President Ursula von der Leyen. The Free Trade Agreement, the Security and Defence Partnership, the Comprehensive Framework of Cooperation on Mobility, and other agreements signed today constitute the foundation of a broader, deeper, and stronger partnership. Today’s India-EU summit will strengthen multipolarity and help derisk the global order.”
Earlier, European Commission President Ursula von der Leyen, in a joint statement with European Council President Antonio Costa and Prime Minister Modi, highlighted India-EU cooperation in human-centric, trustworthy AI.
“In innovation, we share core values. The freedom of research and science is paramount. Europe and India will always choose science, progress, and technology at the service of our people. Our cooperation on human-centric, trustworthy AI is one of the best examples,” von der Leyen said.
She also announced Europe’s funding support for India’s association with Horizon Europe, the world’s largest public research programme, with a budget of €100 billion.
“Through Horizon Europe, we will advance collaboration in health, clean energy, and frontier technologies. EU-India Innovation Hubs will be set up to facilitate research and start-up partnerships. We are also launching an EU-India Startup Partnership to boost co-creation and high-potential ventures,” she added. (Agencies)
