The European Commission published a Joint India-European Union Comprehensive Strategic Agenda, endorsed at the 16th India-EU Summit in New Delhi, setting out a forward-looking action plan to broaden and better coordinate cooperation across prosperity and sustainability, technology and innovation, security and defence, and connectivity and global issues. The agenda supersedes the EU–India Strategic Partnership roadmap to 2025 and explicitly states it creates no financial commitments and no legally binding rights or obligations. On economic and financial cooperation, the agenda calls for timely implementation of the India-EU Free Trade Agreement, concluding an Investment Protection Agreement and an agreement on Geographical Indications, and deepening customs cooperation and the bilateral Macroeconomic Dialogue. It also points to enhanced financial services regulatory cooperation following a Memorandum of Understanding on supervisory cooperation between the European securities and market authorities and the Reserve Bank of India, including the establishment of a structured Regulatory Dialogue on Financial Services, alongside work on sustainable finance instruments and corporate sustainability under the European Union’s Global Green Bonds Initiative. Implementation and follow-up are framed around an ambition to hold EU-India summits annually, strengthening the profile and scope of the Trade and Technology Council including a business dimension, and reviewing progress through the Trade and Technology Council and ministerial-level strategic dialogues, with the Strategic Partnership Review meeting potentially acting as a joint implementation committee at senior officials level.

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