India, EU commit to promoting democracy, rule of law, human rights

BRUSSELS - India and the European Union issued a joint statement after the 11th EU-India Summit here on Friday in which they reiterated their commitment to share common values relating to democracy, rule of law, civil liberties and respect for human rights, and agreed to reinforce their strategic partnership.

India represented by Prime Minister Dr. Manmohan Singh, and the European Union, represented by Herman Van Rompuy, President of the European Council, and Jose Manuel Durco Barroso, President of the European Commission, agreed to work for meeting the challenges of the 21st century.

Both sides discussed bilateral, regional and global issues of common interest and concern during the summit in the context of the Lisbon Treaty.

On the bilateral front, leaders of both sides recognized the value of pursuing an ambitious and balanced broad-based trade and investment agreement, but only agreed on the contours of a final package.

They reaffirmed the importance of reaching an ambitious and balanced conclusion by spring of 2011.

Welcoming the business summit held in the margins of the summit, both sides agreed that enhanced cooperation between business organizations from EU and India would greatly benefit their respective companies and improve opportunities for cooperation.

The leaders also welcomed increasing cooperation in the field of security and defence, and agreed to pursue the EU-India dialogue and cooperation in this area, including in the context of counter-piracy naval operations and more broadly in support of the UNSC resolutions. By Smita Prakash (ANI)