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.
India and the European Union are expected to formally announce a long-awaited trade agreement at the India-EU Summit on Tuesday, and this deal is projected to significantly expand bilateral trade and drive strong growth in Indian exports over the next decade, Deloitte India partner Gulzar Di
While speaking with ANI, Sachdev said, "India exports around USD 130 billion of goods and services to the EU. After this free trade agreement, our exports will jump from USD 130 billion to around USD 200 billion. European exports to India, which are around $80 billion now, will jump to aroun
"India is privileged to host European Council President Antonio Costa and European Commission President Ursula von der Leyen during our Republic Day celebrations. Their presence underscores the growing strength of the India-European Union partnership and our commitment to shared values,"
on der Leyen described being invited as Chief Guest at India's Republic Day celebrations as "the honour of a lifetime", underlining the growing strategic convergence between India and the European Union.
Maros Sefcovic, the European Union Trade Commissioner, said in an interview to Euro News that India and EU are very close towards having a signature as the finalise the much anticipated free trade agreement.
Mumbai (Maharashtra) [India], January 26: Marking a major milestone, Swan Defence and Heavy Industries Limited (SDHI) announced the signing of its first newbuild contract for six (6) IMO Type II chemical tankers, each of 18,000 DWT, to be constructed at its revitalized shipyard in Gujarat, I
As India celebrates its 77th Republic Day, featuring an extraordinary blend of the 150-year legacy of Vande Mataram, the European Union contingent participated in the celebrations- symbolizing institutional unity and European Union's operational presence in support of international mariti