Online Broadband Guide
Online Broadband Guide


PM meets Presidents of European Council and European Commission

PM meets Presidents of European Council and European Commission

The big name players at the table are European Commission President Jean-Claude Juncker, the EU's top diplomat Federica Mogherini, European Council President Donald Tusk and Indian Prime Minister Narendra Modi. They held talks with Prime Minister Narendra Modi at the 14th India-EU summit here earlier on Friday. "India was amongst the first countries to establish diplomatic relations with the European Economic Community in 1962".

According to the Delegation of the European Union to India, "when concluded, this (FTA) would be one of the world's largest trade agreements, touching the lives of 1.7 billion people".

Negotiations on the FTA, officially called the Broad-based Trade and Investment Agreement (BTIA), are stuck due to disagreement between the two sides over issues such as lowering of import duties on automobiles and alcohol by India and recognition of India by the European Union as a "data-secure" country. "Our close relations are founded on the shared values of democracy, rule of law, respect for fundamental freedoms and multiculturalism", said the Indian PM.

"They underlined that connectivity initiatives must be based on universally recognised global norms, good governance, rule of law, openness, transparency and equality and must follow principles of financial responsibility, accountable debt financing practices, balanced ecological and environmental protection, preservation standards and social sustainability", it said. "If India's standards of data protection are converging with those of the European Union, the European Union will be in a position to recognise the adequacy of India's goods" PTI quoted the European Commission President as saying.

Modi said that his government has expanded the India-EU engagement into many new sectors and "have agreed that we must continue our efforts to make it more comprehensive and beneficial, based on mutual trust and understanding". "Today's Summit is an important step in the right direction and our chief negotiators will sit down in the next coming days to chart a way forward". They released a joint statement in which cooperation on fighting terrorism was agreed upon. "We will not only further strengthen our bilateral cooperation on this issue, but will also increase our cooperation and coordination in multilateral forum". "We also reaffirmed our commitment to undertake mutual cooperation for reducing the cost of deployment of renewable energy". There was also convergence on increasing cooperation in developing smart cities and upgrading urban infrastructure besides science and technology.

"We want to conclude the FTA between India and the European Union once all the conditions are met.by conditions I mean all the necessary circumstances". However, they have repeatedly failed to reach an agreement on the deal, facing significant spats on such issues as intellectual property rights, and duty cuts in automobile and alcohol production.

follow

editors' picks

October 06, 2017
Android Wear section disappears from Google Store, smartwatches "no longer available"
Amidst surprising great events that Google hosted, silently it unveiled the Google Assistant App in the Play Store . Noticeably, the new build number seems to have jumped, breaking the circuit since the previous numbers.

October 06, 2017
Saudi energy minister says agreements with Russian Federation helped oil markets to stabilise
Pointing to output from USA shale basins, the minister said any acceleration should more or less keep pace with demand. Data was from oil produced in "the middle and south" of Iraq, with no registration from northern Iraqi territory.

October 03, 2017
Narayan Rane Floats Political Party, Says Decision Next On Joining NDA
Rane has been the Chief Minister of Maharashtra for almost a year back in 1999 with the Shiv Sena-BJP alliance. Let someone from the NDA call us and then we can join them.

October 03, 2017
Maria likely to become tropical storm Tuesday night or Wednesday: NHC
Hurricane Lee may come in a little package with hurricane-force winds extending out only 35 miles, but it's got some punch. The storm is slowly moving northward well offshore in the Atlantic, kicking up large ocean swells along much of the U.S.

September 29, 2017
Arsene Wenger fires warning to Arsenal youngsters ahead of BATE Borisov clash
Olivier Giroud bagged Arsenal's fourth goal of the night and in doing so ended his seven-game wait to join an exclusive club. Nelson, faced with a defender on the wing, dummied left, right, then left again to leave his man sprawling across the floor.

September 29, 2017
Ruthless Proteas bash tourists on day one
Elgar, on 99, played the ball towards backward point in what proved to be the last over before tea. Kaushal Silva (12) was the other wicket to fall before lunch, bowled by Hasan Ali.

September 29, 2017
Red Dead Redemption 2's first story trailer is here
We can't wait to don our ten-gallon hat and grab our six-shooters when Red Dead Redemption 2 finally releases in Spring 2018. A villain from the first game, Dutch , is mentioned by name, and is the leader of the gang that John Marston once rode with.

September 29, 2017
IN police probe possible suspect in 2 teens' killings
The suspect has been described as standing from 5-feet-6 to 5-10 and weighing between 180-220 pounds with reddish brown hair. Investigators at that time asked the public to study the man's facial features and contact them with any information on him.

September 28, 2017
Amazon and Google clash over YouTube on the Echo Show
Steve Boom , VP of Amazon Music, said: " Amazon Music customers already know and love Alexa from listening on Echo devices". The company also said that this decision is disappointing and hurts their customers as there is no any technical reason.

September 27, 2017
Nirmala Sitharaman refuses to deploy Indian troops on Afghanistan soil
The US president also chided Delhi's arch-rival Pakistan for offering safe haven to "agents of chaos". She said , security situation in Afghanistan and maritime security in Indian ocean were discussed .