PM Modi to take part in India-EU Summit today: All you need to know

The Summit will begin at 4:30 pm today. The prime minister will take part in the event via video conferencing.

Prime Minister Narendra Modi will take part in the India-EU Summit at 4:30 pm today via video conferencing. Taking to Twitter, the prime minister tweeted, “I am confident this Summit will further strengthen our economic as well as cultural linkages with Europe”.

As the world is fighting the Covid-19 pandemic, the leaders will discuss global cooperation and solidarity to protect lives, to mitigate the socio-economic consequences and to strengthen preparedness and response capacities, they added.

Ahead of the virtual Summit on Wednesday, India and the European Union on Tuesday sealed a civil nuclear cooperation agreement.

The agreement provides for extensive cooperation in the civil nuclear energy sector including in research and development for peaceful uses of nuclear energy, the officials said.

The European Union is of great strategic importance to India and was New Delhi’s largest trading partner in 2018. India’s bilateral trade with the EU in 2018-19 stood at $115.6 billion with exports valued at $57.17 billion and imports worth $58.42 billion.