FTA to be game changer for India-EU relationship said EAM Dr. S Jaishankar
External Affairs Minister Dr. S Jaishankar has said that India-European Union Free Trade Agreement (FTA) will be a game changer for the India-EU relationship. He said, India is looking forward to mutually beneficial and advantageous conclusion of negotiation process within a short timeline.
Speaking at the India-EU Business and Sustainability Conclave in New Delhi today, Dr. Jaishankar termed the European Union a important trade partner saying that India and EU believe in multipolar global order and share their commitment to promote multilateralism.
He said, India and EU are considerate to each other’s geo-political, economic, strategic and security concerns. He said, EU is one of India’s largest and important trade partners and the bilateral trade has crossed 150 billion US dollars.
Highlighting the steps taken in the last nine years to bring structural reforms in the various sectors in the country, Dr. Jaishankar said, India is one of the leading country in climate change mitigation.
He said the green transition is core in achieving sustainable development goals. He said, digital transformation is happening in the country at a rapid pace and the government is focussing on emerging digital technologies like artificial intelligence and building indigenous chip-making ecosystems.
