Prime
Minister, Narendra Modi, has on Wednesday said the partnership between India
and the European Union was significant for peace and stability of the world.
While citing his views during a virtual
summit of the India-EU virtual summit in the presence of European Council
president, Charles Michel and European Commission president, Ursula von der
Leyen, PM Modi highlighted long-term challenges like climate change and
stressed the use of renewable energy.
PM Modi said, “Apart from current
challenges, long-term challenges like climate change also a priority for India
and the EU. In our efforts to increase the use of renewable energy in India, we
invite investment and technology from Europe”. Asserting that India and EU were
“natural partners”, PM Modi said they could play an important role in economic
reconstruction and in building human-centric globalization.
Indian PM said, “India, EU shares
universal values like democracy, pluralism, inclusivity, multilateralism,
freedom and transparency. We should go for action-oriented agenda to expand
ties and it can be implemented within stipulated time frame”. India and the
European Union have also finalised a framework agreement on cooperation in the
civil nuclear sector. In the summit, the two sides unveiled a five-year roadmap
to further broad base ties, launch separate dialogue on maritime security and
for boosting trade and investment.