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Prime Minister Shri Narendra Modi today received Bangladesh Foreign Minister Mr. Abul Hassan Mahmood Ali. The Bangladesh Foreign Minister is in New Delhi for the 3rd meeting of the India Bangladesh Joint Consultative Commission. 

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During the meeting, Foreign Minister Ali recalled the historical, cultural and economic links between India and Bangladesh. Expressing appreciation for the special emphasis given by the new government under the leadership of Prime Minister Modi to relations with the SAARC region and India’s neighbourhood, he conveyed the strong desire of the people and Government of Bangladesh to further strengthen and deepen relations with India. 

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The Prime Minister expressed appreciation for Prime Minister Sheikh Hasina’s personal interest and commitment to the relationship. He reiterated India’s resolve to continue extending full support to the efforts of Bangladesh for its socio-economic development. In this context, he called for greater cooperation between India and Bangladesh in the areas of energy, power, infrastructure development and tourism. 

The Prime Minister also underscored the need to take concrete steps to promote bilateral trade and investment. Noting the complementarity in the geographical locations of India and Bangladesh, it was agreed that improved connectivity through development of transportation (road, rail, inland waterways, shipping and air) links would facilitate economic cooperation and strengthen people-to-people ties. 

Foreign Minister Ali extended an invitation on behalf of Prime Minister Sheikh Hasina to the Prime Minister to visit Bangladesh. Prime Minister said that he looked forward to visiting Bangladesh at the earliest convenience. He also looks forward to welcoming Prime Minister Sheikh Hasina in India. 

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Trade and beyond: a new impetus to the EU-India Partnership

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Trade and beyond: a new impetus to the EU-India Partnership
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INDIA-EU LEADERS' MEETING
May 08, 2021
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At the invitation of the President of the European Council Mr. Charles Michel, Prime Minister Shri Narendra Modi participated in the India-EU Leaders’ Meeting today.

The meeting was held in a hybrid format with the participation of leaders of all the 27 EU Member States as well as the President of the European Council and the European Commission. This is the first time that the EU hosted a meeting with India in the EU+27 format. The meeting was the initiative of the Portuguese Presidency of the Council of the European Union.

During the meeting, the leaders expressed their desire to further strengthen the India-EU Strategic Partnership based on a shared commitment to democracy, fundamental freedoms, rule of law and multilateralism. They exchanged views on three key thematic areas: i) foreign policy and security; ii) COVID-19, climate and environment; and iii) trade, connectivity and technology. They discussed forging closer cooperation on combating the COVID-19 pandemic and economic recovery, tackling climate change, and reforming multilateral institutions. India appreciated the prompt assistance provided by the EU and its member states to combat its second COVID wave.

The leaders welcomed the decision to resume negotiations for balanced and comprehensive free trade and investment agreements. Negotiations on both the Trade and Investment Agreements will be pursued on parallel tracks with an intention to achieve early conclusion of both agreements together. This is a major outcome which will enable the two sides to realise the full potential of the economic partnership. India and the EU also announced dedicated dialogues on WTO issues, regulatory cooperation, market access issues and supply chain resilience, demonstrating the desire to deepen and further diversify economic engagement.

India and the EU launched an ambitious and comprehensive ‘Connectivity Partnership’ which is focused on enhancing digital, energy, transport and people-to-people connectivity. The Partnership is based on the shared principles of social, economic, fiscal, climate and environmental sustainability, and respect for international law and commitments. The Partnership will catalyse private and public financing for connectivity projects. It will also foster new synergies for supporting connectivity initiatives in third countries, including in the Indo-Pacific.

India and the EU leaders reiterated their commitment to achieving the goals of the Paris Agreement and agreed to strengthen joint efforts for mitigation, adaptation and resilience to the impacts of climate change, as well as providing means of implementation including finance in the context of COP26. India welcomed the EU’s decision to join CDRI.

India and the EU also agreed to enhance bilateral cooperation on digital and emerging technologies such as 5G, AI, Quantum and High-Performance Computing including through the early operationalization of the Joint Task Force on AI and the Digital Investment Forum.

The leaders noted with satisfaction the growing convergences on regional and global issues, including counterterrorism, cybersecurity and maritime cooperation. The leaders acknowledged the importance of a free, open, inclusive and rules-based Indo-Pacific and agreed to closely engage in the region, including in the context of India’s Indo-Pacific Ocean’s Initiative and the EU’s new strategy on the Indo-Pacific.

Coinciding with the Leaders’ Meeting, an India-EU Business Roundtable was organised to highlight the avenues for cooperation in climate, digital and healthcare. A finance contract of Euro 150 million for the Pune Metro Rail Project was signed by the Ministry of Finance, Government of India, and European Investment Bank.

India-EU Leaders Meeting has set a significant milestone by providing a new direction to the Strategic Partnership and giving a fresh impetus for implementing the ambitious India-EU Roadmap 2025 adopted at the 15th India-EU Summit held in July 2020.