Ursula von der Leyen Hails 'Mother Of All Deals' As India-EU Ink Historic Trade Pact

Historic India-EU Partnership

• 💡 Ursula von der Leyen expressed honor as Republic Day Chief Guest, noting India's rise contributes to a more stable and prosperous world.
• 🤝 The summit marks a historic milestone, building on a previous commitment from the full college of commissioners visiting India.

Landmark Trade Agreement

• 🎯 A "mother of all deals" was delivered, creating a market of two billion people between the world's second and fourth largest economies.
• 📈 This agreement will integrate supply chains, strengthen manufacturing, and cut up to 4 billion euros in annual tariffs, creating jobs in both regions.
• 💰 It combines Indian skills and services with Europe's technology and innovation, fostering growth and reducing strategic dependencies.

Enhanced Security Cooperation

• 🛡️ The summit launched the first-ever India-EU security and defense partnership, a landmark for cooperation on strategic issues.
• 🌊 Cooperation will deepen in maritime security (e.g., joint naval exercises) and address cyber and hybrid threats.
• 🛰️ A dedicated dialogue on space security and stronger cooperation on counter-terrorism are also part of this partnership.

Innovation and Talent Mobility

• 🔬 India will associate with Horizon Europe, a 100-billion-euro public research program, to advance health, clean energy, and frontier technologies.
• 🌱 New initiatives include EU-India innovation hubs and a startup partnership to boost collaboration and ventures.
• 🌍 A mobility agreement will facilitate the movement of students, researchers, and highly skilled workers between India and Europe.
• ✅ The first EU legal gateway office in India will support Indian talent moving to Europe, aligning with member states' needs.

Future of India-EU Relations

• ✨ The summit signifies a new chapter of growth and fresh momentum for the India-EU friendship.
• 🚀 This partnership is seen as a reliable and trust-based collaboration in an increasingly insecure world.