Committed to a framework for strategic cooperation until 2025.
Vowed to cooperate on their response to the corona virus pandemic, and at the United Nations Security Council.
Announced a “high level dialogue” to revive the trade talks.
Continue a dialogue on human rights in order to exchange best practices and have the best understanding on how to tackle this issue for India and the E.U.
Discussion took place over:
India’s tensions with China at the Line of Actual Control,
The situation with Iran,
Concerns over cross border terrorism from Pakistan.
EU raised concern:
Over the situation in Jammu and Kashmir
On the Citizenship Amendment Act.
India-EU relations:
Natural Partners
Partnership is important for global peace and security
Shared “universal values” of democracy, pluralism, inclusivity, respect for international institutions and multilateralism.
EU is India’s largest trading partner, while India is the E.U.’s ninth biggest trading partner.
Outcomes:
Issued a joint political statement,
A five-year roadmap for the India-E.U. strategic partnership,
A civil nuclear research and development cooperation agreement between EURATOM and the Department of Atomic Energy,
A declaration on “resource efficiency and circular economy” to exchange best practices in range of areas
The renewal of their science and technology agreement for another five years.
Issues in relations between EU and India:
Not granting data secure status to India
Presence of non-tariff measures on Indian agricultural products in terms of sanitary and phytosanitary measures.
EU seeks reductions in the taxes on wines and spirits.
EU seeks reductions on the taxes on automobiles : Not acceptable to India.
India has cancelled the Bilateral trade treaty agreement with individual countries as it seeks a more favourable treaty.
About the European Union:
Club of 28 countries.
Official Currency: EURO
19 use EURO as currency while other 9 do not use it.
Has an integrated market with standardised rules of customs and taxation.
Travel without passport restriction within the EU countries.
