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Indian PM Modi expected at December EU summit for trade deal signing

Created at 28 Aug · 4:26 PM1 source↑ Market-relevant
IN SHORT

Indian Prime Minister Narendra Modi is reportedly planning to attend the European Council summit in December, potentially to sign a free-trade agreement with the EU. The deal, which has concluded negotiations, would open markets for 2 billion people and represents over a fifth of global GDP.

Key Numbers

2 billionpeople in markets opened by EU-India trade deal
December 17-18dates of European Council meeting

Who's Involved

Narendra Modi
Indian Prime Minister planning to attend EU summit
Ursula von der Leyen
President of the European Commission
European Council
EU summit body Modi is expected to attend
Camille Gijs
Reporter who contributed to the story
Indian PM Modi expected at December EU summit for trade deal signing

↳ Why This Matters

The potential signing of the EU-India trade deal at the European Council summit could significantly boost bilateral trade, opening up markets for 2 billion people and impacting over a fifth of global GDP, while also signaling strengthened geopolitical ties.

Key facts

  • Indian Prime Minister Narendra Modi is expected to attend the European Council summit in December.
  • The visit is contingent on the finalization and signing of a free-trade agreement between the EU and India.
  • Negotiations for the trade deal and a security and defense partnership have concluded.
  • The trade agreement would open markets for 2 billion people and represent over a fifth of global GDP.

    • Indian Prime Minister Narendra Modi is reportedly planning to attend the European Council summit in December, according to officials familiar with the discussions. This potential visit follows the conclusion of negotiations on a free-trade agreement and a security and defense partnership between the EU and India, which were finalized in January.

    The trade deal, which has not yet been signed, is a crucial step before ratification and is expected to open markets encompassing 2 billion people, representing more than a fifth of global GDP. Modi's attendance at the summit, scheduled for December 17-18, would provide an opportunity to formally sign the agreement, although EU member states have yet to grant their final approval.

    The visit has not been officially confirmed, and plans are subject to change. The Indian Embassy in Brussels did not immediately respond to a request for comment.

    Frequently asked questions

    The European Council's final scheduled meeting of the year is set for December 17-18.

    The trade deal will open markets involving 2 billion people and account for more than a fifth of global GDP.

    No, the trade deal has not yet been signed; this is the last step before it can be fully ratified.

    What Happens Next

    01Official confirmation of Prime Minister Modi's attendance at the European Council summit.
    02EU member states providing their backing for the trade deal.
    03Formal signing of the EU-India free-trade agreement.

    How It Developed

    Indian Prime Minister Narendra Modi is planning to attend the EU summit in December.
    The visit would follow the conclusion of negotiations on a free-trade agreement and a security and defense partnership between the EU and India.
    The trade deal, which has not yet been signed, would open markets involving 2 billion people and account for more than a fifth of global GDP.
    Modi's visit would present an opportunity to sign the trade deal, though EU countries have yet to give their backing.

    Sources

    T1
    Indian PM Modi expected to attend December European CouncilPOLITICO Europe

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