Brief by Shorts91 Newsdesk / 06:04pm on 10 Jul 2024,Wednesday India Global
During Prime Minister Modi's two-day visit to Austria, he and Chancellor Karl Nehammer emphasized the need to expedite the long-pending India-EU Free Trade Agreement, which has been in negotiation for over 23 years. They highlighted that stronger India-EU ties would be beneficial globally. The EU is India's third-largest trading partner, with significant trade in goods and services. Both leaders agreed to support initiatives to bring India and the EU closer and reaffirmed their commitment to the ongoing trade and investment negotiations, aiming for the early implementation of the EU-India Connectivity Partnership.