http://www.moneyspidery.com/2012/02/11/india-europe-to-speed-up-talks-on-trade-pact/
“We seek solutions that are practical, mutually beneficial and
acceptable to both sides. Both sides have made considerable progress in
the negotiations on the Agreement,” Dr Singh said at the 12th India-EU
Summit meeting.
During the Summit, the Prime Minister conveyed to the EU leadership the importance India attaches to EU’s participation in India’s growth agenda, including in infrastructure development, clean energy technologies, innovation, research and skill development.
“Greater investment flows in both directions is a win-win proposition for both sides,” he said.
The issue of greater people-to-people exchanges and easier travel arrangements for tourism, businesspersons, professionals and other categories of travellers, were also raised at the Summit, the Prime Minister said, and added that both sides had agreed to continue discussions.
“We held substantive discussions on other areas of our engagement covering energy cooperation, science and technology, culture, counter-terrorism, piracy and cyber-security,” he added.
The two sides also discussed global challenges such as climate change, the global economic crisis and global governance reforms.
“We would like to work with Europe at the forthcoming international conferences on Nuclear Security in Korea, the G-20 Summit in Mexico, the Rio+20 Conference in Brazil and Biological Diversity Conference in India,” the Prime Minister added.
Terming the discussions with the Prime Minister and members of his Cabinet as “rich and constructive” , the President of the European Council, Mr Herman Von Rompuy, said the leaders share a common determination to move the EU-India relationship forward.
“We made significant progress in a number of fields and set the tone for the future. Our common objective is to turn the growing cooperation into mutual opportunity and turn our strategic partnership into a key element of the global architecture,” he said.
Pointing out that discussions were also held on how to promote trade relations, the visiting dignitary said “We made substantial progress these last days in negotiations on a Free Trade Agreement.”
At the Summit, India and the EU also signed a joint declaration for enhanced cooperation on energy and a Memorandum of Understanding between the Central Statistics Office and the European Commission on Statistical Cooperation.
New Delhi: India and
Europe have agreed to expedite discussions so that a Broad-Based Trade
and Investment Agreement can be concluded at the earliest, the Prime
Minister, Dr Mammohan Singh, said on Friday.
During the Summit, the Prime Minister conveyed to the EU leadership the importance India attaches to EU’s participation in India’s growth agenda, including in infrastructure development, clean energy technologies, innovation, research and skill development.
“Greater investment flows in both directions is a win-win proposition for both sides,” he said.
The issue of greater people-to-people exchanges and easier travel arrangements for tourism, businesspersons, professionals and other categories of travellers, were also raised at the Summit, the Prime Minister said, and added that both sides had agreed to continue discussions.
“We held substantive discussions on other areas of our engagement covering energy cooperation, science and technology, culture, counter-terrorism, piracy and cyber-security,” he added.
The two sides also discussed global challenges such as climate change, the global economic crisis and global governance reforms.
“We would like to work with Europe at the forthcoming international conferences on Nuclear Security in Korea, the G-20 Summit in Mexico, the Rio+20 Conference in Brazil and Biological Diversity Conference in India,” the Prime Minister added.
Terming the discussions with the Prime Minister and members of his Cabinet as “rich and constructive” , the President of the European Council, Mr Herman Von Rompuy, said the leaders share a common determination to move the EU-India relationship forward.
“We made significant progress in a number of fields and set the tone for the future. Our common objective is to turn the growing cooperation into mutual opportunity and turn our strategic partnership into a key element of the global architecture,” he said.
Pointing out that discussions were also held on how to promote trade relations, the visiting dignitary said “We made substantial progress these last days in negotiations on a Free Trade Agreement.”
At the Summit, India and the EU also signed a joint declaration for enhanced cooperation on energy and a Memorandum of Understanding between the Central Statistics Office and the European Commission on Statistical Cooperation.
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