The EU has proposed a new strategic agenda to raise bilateral relations with India to a higher level, with the aim of better coordinating cooperation, and enhancing prosperity and security for both partners. Beyond the bilateral dimension, the new strategic agenda highlights EU-India joint engagement on global issues and with third partners, reflecting India’s growing global influence. In 2024, the European Union traded goods worth some €120 billion, making the European Union India’s largest trading partner, ahead of the U.S. and China. “A commercially meaningful EU-India Free Trade Agreement would unlock vast potential,” said EU Commissioner Maros Sefcovic. EU investment in India has nearly doubled to €140 billion in just five years, making the EU one of India’s top investors.