Union Commerce Minister Piyush Goyal and Foreign Secretary Vikram Misri have announced the conclusion of the 16th India-EU Summit, marking a transformative shift in bilateral relations. Minister Goyal described the landmark India-EU Free Trade Agreement (FTA) as the ‘mother of all deals,’ noting it covers 25 percent of global trade. The agreement provides duty-free access for 99% of Indian exports, specifically benefiting labor-intensive sectors such as textiles, leather, and gems. Foreign Secretary Misri detailed the first-ever India-EU Security and Defence Partnership and a memorandum of understanding on mobility. Key focus areas include maritime security, green hydrogen cooperation, and scientific research via the Horizon Europe program. Prime Minister Narendra Modi met with EU leaders Ursula von der Leyen and Antonio Costa to solidify this strategic partnership. Additionally, the briefing addresses the nationwide debate regarding new UGC equity regulations. Union Education Minister Dharmendra Pradhan provided insights on these regulations, which aim to curb campus discrimination while preventing the potential misuse of the new laws.
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