India has an ally in France
PM Narendra Modi’s visit to France for a bilateral summit and French President Macron’s invitation to him to participate in the G7 summit at Biarritz marks a further consolidation of the strong Indo-French strategic ties.
Both Sides noted that there has been positive progress in the development of bilateral trade and economic relations between their countries. They reaffirmed that the India-France Administrative Economic and Trade Committee (AETC) provides an appropriate framework to assess and find ways to further promote the bilateral trade and investment as well as to speed up the resolution of market access issues to the benefit of economic operators. In this regard, it was decided to further jointly strengthen work on solving trade and investment issues of concern for the French and Indian companies, including by additional ways and mechanisms. Leaders jointly agreed that the high-level France-India economic and financial dialogue should be reactivated as quickly as possible
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