India and the European Union (EU) signed a nuclear cooperation agreement on Tuesday on the eve of a virtual summit, while Europol and the Central Bureau of Investigation (CBI) negotiate a working agreement to combat organised crime and terrorism. In addition to the trade dialogue and a roadmap for cooperation until 2025, further summit outcomes await a joint declaration on the circular economy and the efficient use of resources, the renewal of a cooperation agreement in the field of science and technology, the launch of a new dialogue on maritime security and the development of security and defence consultations and military contacts. officials said. “The agreement concerns research and development cooperation for the peaceful uses of nuclear energy, which has been negotiated for 13 years and can finally be cemented by the summit,” said one Of the European officials, who spoke on condition of anonymity. The agreement between the European Atomic Energy Community or Euratom and the Indian authorities will focus on cooperation between EU research programmes on new opportunities for the use of nuclear energy and similar activities on the Indian side, EU officials said at a briefing to journalists. Trade relations were well below potential, with India accounting for less than 3% of total EU trade, it was said. They added that the EU wants an ambitious and comprehensive trade agreement that would establish strict rules, remove barriers to trade in goods and services and investment and open up human markets. In the joint statement made by the Heads of State or Government on this occasion, the Heads of State and Government welcomed the signing of the India-Euratom Agreement on Cooperation between Research and Development on the Peaceful Use of Nuclear Energy. Reports show that both sides are withdrawing troops in key areas, and diplomatic and military efforts “are fighting a disastrous effect and we hope that both sides will continue the dialogue to find a peaceful solution to their differences,” the official added. The EU looks forward to starting a high-level dialogue on trade between the EU Trade Commissioner and the Indian minister to deal with these issues, he said. But EU officials said the two sides were “pretty far apart” on the issue of a bilateral trade and investment agreement (BTIA), for which negotiations were suspended in 2017. They also criticised measures that India has described as “protectionist” and the end of bilateral investment agreements with the 25 EU member states.
The 15th summit between India and the European Union (EU) was held on 15 July 2020 in virtual form. India was represented by Prime Minister Shri Narendra Modi. The EU was represented by european Council President Charles Michel and European Commission President Ursula von der Leyen. Established in 1957, the European Atomic Energy Community (Euratom) aims to continue research and training activities in the nuclear field, with a focus on continuous improvements in nuclear safety, safety and radiation protection, in particular to contribute safely to the long-term decarbonisation of the energy system. Euratom`s Member State includes Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.