India, EU sign 3 agreements at 14th India-EU Summit

Oct 7, 2017 13:12 IST
India, EU sign 3 agreements at 14th India-EU Summit

The 14th annual Summit between India and the European Union (EU) was held in New Delhi on 6 October 2017.

While Prime Minister Narendra Modi represented India at the summit, the EU was represented by Donald Tusk, President of the European Council, and Jean Claude Juncker, President of the European Commission.

The summit witnessed discussions on a host of issues including ways to remove hurdles for the long-pending free trade agreement.

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The leaders reviewed the wide-ranging cooperation under the India-EU Strategic Partnership. Further, recognising that India and the EU are natural partners, the leaders reaffirmed their commitment to further deepen and strengthen the India-EU Strategic Partnership based on shared principles and values of democracy, freedom, rule of law and respect for human rights and territorial integrity of States.

Morning Current Affairs: 7 October 2017

Both the sides also agreed to cooperate on various issues including trade, enhancing investment flows, climate action and renewable energy, conflict prevention, sustaining peace, creating a safe and accessible cyber space, space, human rights cooperation including on gender equality and women empowerment and combating and countering terrorism and extremism in all its forms.

Following agreements were signed during the summit:

S. no.

Name of Agreement

Indian Signatory

EU Signatory

1.

Implementing Arrangement between the European Commission and the Science and Engineering Research Board (SERB) for Indian Researchers hosted by the European Research Council grantees in Europe

Dr R. Sharma (SERB Secretary)

Mr. Tomasz Kozlowski (EU Ambassador)

2.

Finance Contract of Bangalore Metro Rail Project Phase-2-Line R6 for Euro 300 million out of total loan of Euro 500 million

Mr. Subhash Chandra Garg (Secretary, DEA)

Mr. Andrew McDowell (Vice President, EIB)

3.

Joint Declaration between the Interim Secretariat of the International Solar Alliance and the European Investment Bank

Mr UpendraTripathy (Secretary General, ISA Secretariat)

Mr UpendraTripathy (Secretary General, ISA Secretariat)

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