Europe & UK betting big on India, with mega trade deals on the way

The European Union pushed for early harvest trade and investment deals with India at the high-level dialogue held on Friday. The two sides have decided to focus on boosting their economic partnership.According to the Economic Times, citing its sources, they plan to further deepen bilateral trade and investment relationship through a series of regular engagements, aiming at quick deliverables for businesses in these tough times.

People familiar with the matter said that Europe will be a key focus for India in 2021 as Prime Minister Narendra Modi is planning four trips to the continent, beginning with the EU Summit in Lisbon in May. Modi will then visit the UK for the G-7 summit in June, followed by the G-20 Summit in Italy towards the end of October, and COP-26 in the UK in November.