Donald Franciszek Tusk, President of the European Council & Jean-Claude Juncker, President of the European Commission to India will visit the country to hold the 14th India-EU Summit in New Delhi.
President Tusk and President Juncker will be accompanied by a high-level delegation including EU’s High Representative for Foreign Affairs and Security Policy and Vice—President of the European Commission Federica Mogherini, MEA spokesperson Raveesh Kumar said.
“The 14th India-EU Summit aims to deepen the India-EU Strategic Partnership and advance collaboration in priority areas for India’s growth and development,” said Kumar.
Tusk and Juncker will call on the EAM Sushma Swaraj tomorrow at 10:00 AM. Post which they will pay a visit to Mahatma Gandhi memoria at Raj Ghat.
The duo will then call on PM Modi at 11:25 at Hyderabad House. And will hold delegation level talks.
Later in the day they are scheduled to meet the CII President and will attend the India-EU Business Forum.
The EU is India’s largest regional trading partner with bilateral trade in goods at $88 billion in 2016.
The EU is also the largest destination for Indian exports and a key source of investment and technologies.
“India received around $83 billion of foreign direct investment from Europe during 2000—17 which constituted approximately 24 per cent of the total FDI inflows into the country during the period,” said Kumar.
India and the EU have been strategic partners since 2004.
The 13th India-EU Summit was held in Brussels on March 30 last year during Prime Minister Narendra Modi’s visit.
The summit last year had failed to make any headway on resumption of long stalled negotiations for a free trade agreement.