Modi Urges Global Reform as India, EU Ink Historic Trade Deal Amid World Turmoil

Prime Minister Narendra Modi, alongside EU leaders, emphasized the need to reform international institutions to address contemporary global challenges and turmoil. The landmark 16th India-EU Summit resulted in the signing of India's largest-ever Free Trade Agreement, hailed as a blueprint for shared prosperity. Leaders held detailed discussions on key regional issues including Ukraine, West Asia, and the Indo-Pacific, reaffirming a shared commitment to multilateralism. The summit also yielded a new Security and Defence Partnership, strengthening the strategic ties between the world's largest democracies.

Key Points: Modi Calls for Reform of Global Institutions at India-EU Summit

  • Modi calls for reform of global institutions
  • India & EU sign historic Free Trade Agreement
  • Leaders discuss Ukraine, West Asia, Indo-Pacific
  • New Security and Defence Partnership signed
  • Partnership rooted in shared democratic values
3 min read

PM Modi calls for reforms in international institutions to "address today's challenges" amid "turmoils in global order"

PM Modi & EU leaders call for reformed multilateralism to address global challenges as India signs its largest-ever Free Trade Agreement with the EU.

PM Modi calls for reforms in international institutions to "address today's challenges" amid "turmoils in global order"
"Today, there are major turmoils in the global order. In such a situation, the partnership between India and the European Union will strengthen stability in the international system. - Prime Minister Narendra Modi"

New Delhi, January 27

Prime Minister Narendra Modi on Tuesday called for reforms in international institutions to effectively address contemporary challenges, citing growing turmoil in the global order.

Addressing a joint press conference with European Commission President Ursula von der Leyen and President of the European Council Antonio Luis Santos da Costa following the 16th India-EU Summit, PM Modi said the evolving global situation underscored the importance of strong partnerships and a reformed multilateral system.

"Today, there are major turmoils in the global order. In such a situation, the partnership between India and the European Union will strengthen stability in the international system," the Prime Minister said.

He said the leaders held detailed discussions on several global and regional issues, including Ukraine, West Asia, and the Indo-Pacific, and reiterated their shared commitment to multilateralism and international norms.

"In that context, today we held detailed discussions on several global issues, including Ukraine, West Asia, and the Indo-Pacific. Respect for multilateralism and international norms is our shared priority. We also agree that to address today's challenges, global institutions need reform," the PM said.

Welcoming the EU leaders on what he described as an unprecedented visit, PM Modi said, "It is a pleasure to welcome my two close friends, President Costa and President von der Leyen, to India."

He referred to Costa as the "Gandhi of Lisbon" for his simple lifestyle and praised von der Leyen as Germany's first woman Defence Minister and the first woman President of the European Commission.

Speaking at the press conference, European Council President Costa said that as the world's largest democracies and champions of multilateralism, India and the EU share the responsibility of upholding international law with the United Nations Charter at its core.

"As the world's largest democracies and champions of multilateralism, the European Union and India share the responsibility to uphold international law with the United Nations Charter at its core," Costa stated.

He also recalled paying tribute to Mahatma Gandhi earlier in the day alongside Von der Leyen.

"I reflected upon his words, which still hold true today: peace will not come out of a clash of arms, but out of justice lived and done by unarmed nations in the face of odds," Costa said.

On Tuesday, India inked its biggest-ever Free Trade Agreement with the 27-nation European Union, marking a major milestone in bilateral ties.

PM Modi hailed the conclusion of the India-European Union FTA, describing it as "not just a trade agreement, but a blueprint for shared prosperity."

The Prime Minister noted that India-EU relations have grown exponentially in recent years, rooted in shared democratic values, economic synergy, and strong people-to-people ties, and acknowledged that India-EU trade stands at EUR 180 billion.

India also signed a Security and Defence Partnership with the EU, making it the third Asian country to have such a deal after Japan and South Korea.

- ANI

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Reader Comments

S
Sarah B
As an observer, it's encouraging to see India taking a leadership role in calling for multilateral reform. The partnership with the EU, based on shared democratic values, could be a crucial stabilizing force. The Gandhi reference was a nice diplomatic touch.
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Priya S
While the call for reform is good, I hope it translates into concrete action. We've been talking about UNSC reform for decades. The defence partnership is interesting, but we must ensure it doesn't compromise our strategic autonomy. The FTA details matter most for jobs.
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Rohit P
EUR 180 billion trade! That's huge bhai. This FTA will open so many doors for our startups and manufacturers. Finally, the world is recognizing India's economic potential. Jai Hind!
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Michael C
A pragmatic move by India. In a fragmented world, aligning with a bloc like the EU makes strategic sense. The emphasis on "justice" and Gandhi's ideals is a powerful counter-narrative to pure realpolitik. Curious to see how the security partnership unfolds in the Indo-Pacific.
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Kavya N
It's good to see discussions on global issues, but my humble request is that our foreign policy also remains sharply focused on our immediate neighborhood and ensuring peace at our borders. Global leadership starts with regional stability.

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