India-EU Summit: PM Modi highlights India-EU partnership in economic reconstruction in post COVID-19 world

Jul 15, 2020, 18:27 IST

PM Modi during the summit defined India and the EU as natural partners and stated that both the regions can play an essential role in building human-centric globalisation and in the reconstruction of the economy.

India-EU summit on July 15
India-EU summit on July 15

Prime Minister Narendra Modi attended the India-European Union virtual summit on July 15 and highlighted the key role played by both the regions in the economic reconstruction in the post-COVID-19 world. 

PM Modi co-chaired the India-EU summit with President of the European Commission Ursula Von der Leyen, and President of the European Council Charles Michel and highlighted the long-term challenges such as climate change and stressed for the use of renewable energy. 

In light of recent border tensions with China in Ladakh, during the 15th edition of the summit, PM Modi asserted the significance of  India and the European Union partnership which brings peace and stability in the world. 

PM Modi address during India-EU Summit: Key Highlights

Apart from the current challenges, Prime Minister Modi in his address mentioned that the long term challenges are also on the priority list of India and EU and in our combined efforts to increase the use of renewable energy in India, the government invites investment and technology from Europe.

• While focusing on the India-EU partnership which results in peace and stability, PM Modi acknowledged the significance of this partnership and how this reality has become more clear in the global situation today.

• In his address he asserted that India and the EU are natural partners and stated that both the regions can play an essential role in building human-centric globalisation and in the reconstruction of the economy.

Prime Minister Modi while talking about the universal values mentioned that both India and EU share values like pluralism, democracy, multilateralism, inclusivity, transparency, and freedom.  He also encouraged that both the regions must go for action-oriented agenda in order to expand ties and it must be implemented in the stipulated time period.  

European Council President during Summit:

During the virtual India-European Union summit, European Council President, Charles Michel thanked India for the cooperation that the country has shown with the EU.

In his address, he also paid tribute to India's role Internationally, Nationally, and multilaterally in combating the COVID-19 pandemic that has affected the countries all over the world. 

India-EU agreements:

India and the European Union have finalised a framework agreement which is on cooperation in the civil nuclear sector. 

During the summit, the two sides also unveiled the five-year roadmap in order to further broad base ties, for boosting trade and investment and launch a separate dialogue on maritime security. 

The agreement signed between the Indian authorities and European Atomic Energy Community will focus on the cooperation between India and EU's research programmes which will work on new ways of using nuclear energy.

Shailaja Tripathi is an educational content writer with 2 years of experience. She is a Masters in Political Science from Delhi University and also holds a Bachelors in Education. At jagranjosh.com, she creates content for school students and college audiences. You can reach her at shailaja.tripathi@jagrannewmedia.com
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