The EU and India hope to reach a completed trade agreement already by 2025.
We have instructed our negotiators to reach a mutually beneficial free trade agreement by the end of this year, says India's Prime Minister Narendra Modi at a press conference in Delhi on Friday.
Modi praises the ongoing visit of the EU Commission to the country as "historic" and praises the cooperation with the EU.
It is based on mutual trust and shared faith in democratic values, says Modi.