ENA Global 2026-01-28 15:27:55 <p><span style="font-size:14px"><strong>New Delhi, Jan 28 (KNN)</strong> Prime Minister Narendra Modi on Tuesday described the India European Union summit as a defining moment in bilateral relations, as he jointly addressed the media with European Commission President Ursula von der Leyen and European Council President Ant&oacute;nio Costa. </span></p> <p><span style="font-size:14px">Welcoming the European leaders on what he termed an unprecedented visit to India, the Prime Minister said the summit marked a decisive step forward in ties between the worlds two largest democratic groupings.</span></p> <p><strong><span style="font-size:14px">Largest Free Trade Agreement for India</span></strong></p> <p><span style="font-size:14px">Highlighting a major outcome of the summit, the Prime Minister announced the conclusion of the India EU Free Trade Agreement, describing it as the largest trade pact in Indias history. The agreement brings India into a comprehensive trade framework with all 27 EU member states.</span></p> <p><span style="font-size:14px">According to the Prime Minister, the FTA will improve market access for Indian farmers and small industries, create new opportunities in manufacturing, strengthen services trade, boost bilateral investment and reinforce global supply chains. He said the agreement represents not just a trade deal, but a broader framework for shared prosperity.</span></p> <p><strong><span style="font-size:14px">Five-Year Strategic Agenda</span></strong></p> <p><span style="font-size:14px">Building on the summits outcomes, India and the EU agreed to launch a comprehensive strategic agenda for the next five years. Modi said the roadmap would provide direction in a complex global environment, promote shared prosperity, accelerate innovation, strengthen security cooperation and deepen people-to-people ties.</span></p> <p><strong><span style="font-size:14px">Global Cooperation and Stability</span></strong></p> <p><span style="font-size:14px">Describing the India EU relationship as a partnership for the global good, the Prime Minister said both sides would expand trilateral projects across regions, including the Indo-Pacific and the Caribbean, focusing on sustainable agriculture, clean energy and womens empowerment. He also referred to plans to develop the IMEC corridor as a key link for global trade and sustainable development.</span></p> <p><span style="font-size:14px">On global issues, Prime Minister Modi said discussions covered developments in Ukraine, West Asia and the Indo-Pacific. He stressed that respect for multilateralism and international norms remains a shared priority, along with the need to reform global institutions to address emerging challenges.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 44914 https://knnindia.co.in/news/newsdetails/global/indiaeu-fta-goes-beyond-trade-builds-framework-for-shared-prosperity-pm-modi 2026-01-28 15:27:55 knnindia.co.in