In a diplomatic meeting on Wednesday, Bharat’s External Affairs Minister, S Jaishankar, engaged with his Hungarian counterpart, Peter Szijjarto, to discuss various aspects of the ongoing Russia-Ukraine conflict. During the conversation, Jaishankar highlighted the significant strides made in political cooperation, bilateral trade, investment, and education sectors between the two nations. The meeting underscored the importance of stronger collaboration through platforms like Visegrad and the European Union (EU), emphasizing mutual interests and concerns regarding the Ukraine conflict.
As part of his visit, Hungarian Foreign Minister Peter Szijjarto arrived in New Delhi to participate in the CII-India Europe Business and Sustainability Conclave. Scheduled to take place on February 21-22 in the national capital, the conclave aims to foster dialogue and partnerships between Indian and European stakeholders across various sectors. Szijjarto’s presence reflects Hungary’s commitment to enhancing economic and sustainable cooperation with India, amid the backdrop of evolving global dynamics.
The CII India Europe Business & Sustainability Conclave serves as a significant platform for fostering deeper engagement and exploring avenues of collaboration between India and Europe. Building upon the success of its inaugural edition held in 2023, the upcoming conclave seeks to address emerging economic opportunities and underscore the strategic importance of the India-Europe partnership. With a focus on sustainability, the event aims to align business priorities with broader environmental and social objectives.
Bharat’s proactive approach in fostering conducive trade and investment environments has positioned it as an attractive partner for European nations. Currently engaged in trade negotiations with key partners such as the UK, EU, and EFTA countries (Liechtenstein, Norway, Iceland, Switzerland), India demonstrates a commitment to expanding economic ties and leveraging mutual growth opportunities. The CII website highlights the potential for synergies and collaborations between India and Europe, underlining the shared vision for a sustainable future.
The 2nd Edition of the CII India Europe Business & Sustainability Conclave, organized in partnership with the Ministry of External Affairs, Government of India, aims to build upon the momentum generated by its predecessor. By facilitating dialogue among senior ministers, policymakers, and business leaders, the conclave seeks to chart a course for deeper cooperation and innovation. Through discussions on emerging trends, challenges, and opportunities, the event strives to forge stronger bonds and promote sustainable development across India and Europe.
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