India-EU FTA talks, TTC tie-up hold lot of promise: Jaishankar
The India-EU Free Trade Agreement (FTA) negotiations and partnership in the Trade and Technology Council (TTC) hold a lot of promise and signify the growing intensity of economic exchange between the two, External Affairs Minister S Jaishankar said.
Speaking at the EU National Day celebrations in the national capital, he emphasised that India attaches a lot of importance to the India-Middle EastEurope Economic Corridor (IMEEC), agreed upon last year, and looks forward to taking it forward. The event was hosted by EU Ambassador to India Herve Delphin on Thursday.
“The European Union is our largest economic partner. But it is more than that. It is an entity with which we have a very deep relationship spanning many domains. And it is expressed not just in the relationship between New Delhi and Brussels but in the aggregate of different bilateral relationships, in the regional and sub regional formats in which we engage each other.
And in a range of institutions that we are are both members of and where we collaborate with each other,” Jaishankar said.
In his speech, the European Union Ambassador said India is the country that has gained tremendous importance for the EU, and the partnership will deepen further.
“In this turbulent environment, there is one country, and one relationship that has gained tremendous importance for the EU, and it is India,” Delphin said. Mentioning the partnership between India and the EU in the TTC, the minister pointed out that such partnership underlines the significance of not just the present relationship between the two but what portends for both.