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EU-India need to work on PPP investment

Fiinews by Fiinews
May 12, 2021
in Exports, Investment, Technology
Reading Time: 2 mins read
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Gozi highlights untapped potential in India-EU relations

The European Union and India need to work on investments through private and public partnerships, according to Stefania Benaglia, Associate Researcher, Center for European Policy Studies.

Addressing the virtually held ‘Future of India-EU relations – Key takeaways of India-EU Summit 2021’, she underlined the need for innovative financial systems.

Elaborating, Mohan Guruswamy, Chairman & Founder, Centre for Policy Alternatives, talked about the need for increasing Indian investments to EU and doing business with European companies that would be profitable for Indian industry.

There is untapped potential in India and EU’s relations in areas of geopolitical, geo-strategic, connectivity, climate change, according to Sandro Gozi, MEP (Delegation for relations with India) and President, EU-India Association.

Celine Calvez, Member of French Parliament & President, Indo-French Friendship Group, stressed that multilateralism is important in today’s world.

Further, Calvez underlined the importance to ensure dialogue in a multilateral & rules-based world along with information, resource sharing, academic & cultural exchanges, R&D and innovation.

Valentino Valentini, Member of Italian Parliament, emphasised on the need for cooperating on G20 with a focus on people, planet and prosperity.

Peter Rimmele, Resident Representative to India, Konrad Adenauer Stiftung, said, “We need to intensify the digital partnership through joint efforts in strengthening digital connectivity and the Comprehensive Connectivity Partnership for future cooperation between India and EU.”

Stressing that the dialogue is a first in the series of Track-II dialogues, FICCI Secretary General Dilip Chenoy pointed out that cooperation between India and EU can ensure economic stability, sustainable growth, diversity and inclusion.

The summit was organised by FICCI on 11 May 2021. #investment #trade #exports #banking #markets /fiinewscom

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