Jaishankar: India-EU FTA a "real game changer"
External Affairs Minister S Jaishankar declared a prospective Free Trade Agreement (FTA) between India and the European Union as a transformative development in bilateral relations. Speaking at the Munich Leaders Meeting, Jaishankar highlighted various sectors such as technology, defense, space, and climate action where a closer partnership could make a significant impact.
He noted convergence between European and Indian perspectives on emerging technologies like artificial intelligence and life sciences. Jaishankar also praised the momentum of Indian startups collaborating with European counterparts, particularly in space and defense industries. The FTA would not only boost economic and regulatory alignment across sectors but also facilitate the flow of European renewable energy capacity into India to support the country's ambitious clean energy goals.
Jaishankar emphasized that as the global order shifts, India-EU collaboration is crucial to shaping a multipolar world and addressing the shortcomings of the current international system.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
