ಶೇರ್
 
Comments

Ahead of Prime Minister Narendra Modi`s visit to Australia from 14-19 November 2014, Australian Prime Minister Tony Abbott called Prime Minister on telephone this morning to discuss the agenda for the G 20 Summit in Brisbane. Prime Minister Abbott also conveyed that he and the Australian people were keenly awaiting Prime Minister Modi`s four-city bilateral visit to Australia.

Prime Minister Abbott invited Prime Minister Modi to share, in particular, his vision for accelerating global economic growth and employment generation, based on his personal experiences of reforms and growth at the state level and his plans for India. Prime Minister Abbott also sought PM`s support for Australia`s infrastructure initiatives in the G20.

Prime Minister Modi deeply appreciated Prime Minister Abbott`s personal attention to his visit to Australia. He especially thanked Prime Minister Abbott for his special gesture of hosting a reception for him at the Melbourne Cricket Ground. Prime Minister Modi emphasised the importance he attached to his visit to Australia, as a step towards qualitatively transforming a relationship that he greatly values.

Prime Minister Modi thanked Prime Minister Abbott for his leadership in developing a meaningful agenda for the G 20 Summit and expressed confidence that the Brisbane Summit would be one of the most memorable G 20 Summits, which will impart new momentum in the global economy. Describing G 20 as the key forum for global economic coordination, Prime Minister Modi looked forward to attending his first G20 Summit. Prime Minister offered full support for Prime Minister Abbott`s priorities for the G20 Summit.

Prime Minister Modi shared his concerns on `jobless growth" prospects and felt that focusing on transforming the quality of life of people, not just on issues like the health of the financial markets, is necessary for creating employment-generating economic growth.

He also suggested that, in addition to facilitating financial flows for infrastructure financing, there was a need to look at innovative mechanisms for infrastructure development, including research on transforming waste into infrastructure inputs and creating a virtual centre for information exchange, guidance, identifying opportunities and facilitating flows, which would be beneficial to the poor countries as well

Pariksha Pe Charcha with PM Modi
Explore More
ಚಾಲ್ತಾ ಹೈ' ವರ್ತನೆಯನ್ನು ಬಿಟ್ಟು  ಮತ್ತು ' ಬದಲ್ ಸಕ್ತ ಹೈ'  ಬಗ್ಗೆ ಯೋಚಿಸುವ ಸಮಯವಿದು : ಪ್ರಧಾನಿ ಮೋದಿ

ಜನಪ್ರಿಯ ಭಾಷಣಗಳು

ಚಾಲ್ತಾ ಹೈ' ವರ್ತನೆಯನ್ನು ಬಿಟ್ಟು ಮತ್ತು ' ಬದಲ್ ಸಕ್ತ ಹೈ' ಬಗ್ಗೆ ಯೋಚಿಸುವ ಸಮಯವಿದು : ಪ್ರಧಾನಿ ಮೋದಿ
Trade and beyond: a new impetus to the EU-India Partnership

Media Coverage

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

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
INDIA-EU LEADERS' MEETING
May 08, 2021
ಶೇರ್
 
Comments

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.