The 27 member states of the European Union formally adopted the regulation on phasing out Russian imports of both pipeline gas and liquefied natural gas (LNG) into the EU on Monday.
India and the European Union together represent almost one-fifth of global trade and around 25 per cent of the global population, highlighting the growing economic and strategic weight of the partnership.
India and the EU will strengthen their strategic partnership with a Security and Defence Partnership, advancing trade, defence, climate, technology, and mobility cooperation. At the 16th India-EU Summit on Tuesday, leaders will discuss FTA progress, defence frameworks, global issues, and
US Treasury Secretary Scott Bessent accused Europe of indirectly funding the Russia-Ukraine war by buying Indian-refined fuel made from Russian oil, defended US tariffs on India, and said Indian crude purchases have dropped, suggesting a possible path to easing tariffs.
In a post on X on Monday, the Singapore High Commissioner in India said, "Clear blue skies today. What a great parade. Amazing. Happy Republic Day! - HC Wong."
This marks Priesner's first Republic Day celebrations in India since assuming charge, after presenting his credentials to the Ministry of External Affairs Secretary Sibi George on January 19.
In a post on X, he said, "Thank you dear President Nikos Christodoulides for your warm wishes. Cyprus is a close friend and trusted partner and we are committed to deepening our comprehensive partnership. I look forward to welcoming you in India."
India's enormous cultural diversity, growing capabilities across domains, and military prowess were on display on Kartavya Path on Monday as people in Delhi and other parts of the country celebrated the 77th Republic Day with enthusiasm.
President of the European Council Antonio Luis Santos da Costa and the President of the European Commission Ursula von der Leyen are on a State Visit to India and were Chief Guests at the 77th Republic Day celebrations.
"Thank you for hosting us on Republic Day, President Droupadi Murmu. Thank you very much for your warm welcome. Europe and India are the world's largest democracies, committed to working together to shape a new global order. This is why we are here to take our partnership to new heights,"
Sefcovic described the prospective pact as the "mother of all deals," noting that negotiators are "checking their final numbers" as the European bloc pushes to reduce India's steep import duties that can reach up to 150 % in some sectors.