During the fifth round of foreign and security policy consultations here, the two sides reviewed the entire gamut of the bilateral strategic ties and discussed ways to further deepen cooperation in economic and security areas, ahead of the annual summit to be held in India later in the year, an external affairs ministry release said.
They also discussed cyber security and maritime threats and exchanged views on regional and global issues of mutual interest. India and the EU reiterated their respective commitments to promoting and protecting a rules-based international order, the ministry said.
"The comprehensive discussions, held in a cordial atmosphere, underscored the strong foundations of the India-EU Strategic Partnership. The bilateral engagement today laid the grounds for the forthcoming India-EU Summit to be held in India later in the year," the ministry added.
The two sides reviewed economic cooperation calling for greater investment and trade flows between India and the EU, which is one of India's largest trading partners with bilateral trade in goods standing at USD 85 billion in 2016.
Secretary (West) welcomed the establishment of European Investment Bank in India, stating that its investment especially in urban mobility and renewable energy projects would support India-EU collaboration in the Smart City sector.
India also appreciated the ongoing participation of European Union and EU companies in Make In India, Digital India, Start-up India, Swachh Bharat and Namami Gange programmes and called for their deeper engagement in these flagship development priorities.
Noting that over 50,000 Indian students were presently studying in various Universities in Europe, DSG Belliard expressed the EU's desire to make its scholarship programmes such as ERAMUS even more popular in the country, it said.
The talks also focused on deepening collaborations in research and technology partnership.
Both sides concurred that the International Solar Alliance presented new opportunities to further strengthen India-EU clean energy and climate partnership.
The EU expressed its desire to support initiatives of ISA including through the European Investment Bank, the MEA release said.
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