1st April 2016

EU-India summit of 30 March 2016

On 30 March, the 13th EU-India summit took place in Brussels, amid strengthened security following the attacks of 22 March. The agenda, far-reaching though it is, was marked by this tragic event. Indian Prime Minister Narendra Modi condemned the attacks and expressed his and India´s solidarity to the EU and to Belgium. Mr Modi met with Donald Tusk and Jean-Claude Juncker, as well as with Federica Mogherini to discuss a wide range of issues – starting with trade, through migration, all the way to climate policy. The result of this EU-India summit is a general statement, followed by a more detailed agenda for joint EU-India action up until 2020 and 4 statements specifically aimed at areas of counter-terrorism, migration, water management, climate and energy.

Many insiders see this summit as resetting a stalled partnership. EU and India has had their differences in many areas, most notably climate policy. Over the past couple of years, a diplomatic row with Italy has damaged India´s relations with the EU bloc. However, the two entities share democratic values and are each other´s important trade partners. This resetting of a stalled relationship is therefore widely welcomed. Mainly the long-overdue free trade talks were expected to be given a boost. The joint declarations mention them, but no specific timeframe has been given. Talks on a comprehensive trade and investment agreement have been going on since 2007, but differences of opinions remain regarding the deal´s ambition and some specific sectors. The renewed commitment for a true strategic partnership showed by the EU and Indian leaders on 30 March could, however, mean a certain acceleration of the process.

The joint declarations can be accessed here. For more information, click here, here and here.

Members of the American Chamber of Commerce in the Czech Republic