Europe opportunity: EU invites PM Modi for India-EU summit

Barely months after his successful visits to Germany and France, Prime Minister Narendra Modi look set to galvanize India’s multifarious relations with the 28-nation European Union later this year.

The EU has sent an invite to Mr Modi to attend the India-EU summit in Brussels, said Minister of State for External Affairs V.K Singh. The summit is expected to be held before or after the G20 summit in November.

“The Summit will provide an opportunity for taking stock of the ongoing cooperation between India and EU and explore ways of further energising bilateral collaboration in areas of mutual interest, including exchange of views on global issues of mutual interest and concern”, said Mr Singh.

The prime ministerial visit will focus on expanding economic and strategic relations with the EU, India’s largest trading partner. Bilateral trade between India and the EU has surged to USD 101.5 billion (FY 2013-14). The total FDI equity inflows into India from EU was around USD 8,207 million during 2014-15.

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