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Pradeep Kumar

20/02/21 10:31 AM IST

Eleventh India-EU Macroeconomic Dialogue

In news

The 11th India-EU Macroeconomic dialogue was held virtually through video conferencing

Highlights of the dialogue
  • It covers all dimensions–political, economic, security, trade and investment, environment, research and innovation.
  • The EU is one of our largest trading partners, one of the largest investors in India and an important source for technology, innovation and best practices.
  • The dialogue,inter-alia, covered sharing of their experiences to enable both sides on various aspects including collaboration in the G20 on finance track matters, including through G20 Framework Working Group deliverables, G20 Action plan, debt related issues and international taxation of digital economy.
India-EU relation
  • India was one of the first countries to develop relations with the European Union.
  • The Joint Political Statement of 1993 and the 1994 Co-operation Agreement were the foundational agreements for the bilateral partnership.
  • In 2004, India and European Union became "Strategic Partners". A Joint Action Plan was agreed upon in 2005 and updated in 2008.
  • India-EU Joint Statements was published in 2009 and 2012 following the India-European Union Summits
Source: PIB

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