Finance Minister Nirmala Sitharaman says the 16th India-EU Summit in New Delhi in January delivered decisive momentum to the strategic partnership, taking ties to a higher level. She pointed to the successful conclusion of negotiations for the India-EU free trade agreement, alongside the signing of a Security and Defence Partnership and adoption of a mobility cooperation framework. The EU ambassador urged an investment liberalisation chapter and a separate investment protection pact, as legal review of the roughly 1,000-page FTA is set to end in July.
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