14. India welcomed
the enlargement of the EU and the ongoing discussions on its
future evolution. We both affirmed that deepening and widening
of EU would further strengthen relations between us. We have
also agreed to remain in touch on the evolution of our respective
Foreign, Security and Defence policies. Both sides also noted
the draft EU Security Strategy paper and in this context the
two sides agreed for further consultations as dey partners for
a strategic security relationship.
15. We remain
committed to intensifying economic dialogue at all levels with
a view to improving substantially market access and investment.
16. We expressed
our resolve to facilitate and enhance trade by working together
in a constructive manner in seeking speedy and amicable solutions
to a number of specific trade issues including those relating
to Sanitary and Phytosanitary Measures, Technical Regulations
and Standards, and Conformity Assessment Procedures.
17. We called
for continuation of the dialogue at experts level to promote
better understanding of Trade Defence Instruments.
18. We welcomed
the conclusions of the India-EU Business Summit and expressed
our commitment to implement the Action Plans emanating from
the ‘Joint Initiative for Enhancing Trade & Investment’.
We commended the study on the emerging opportunities from EU’s
enlargement, and encouraged industry to take full advantage
of those opportunities. Both sides urged Industry to reflect
on how to further develop their partnership.
19. We agreed
to launch a "Trade and Investment Development Programme
" with a view to enhance bilateral trade and investment
through the strengthening and the simplification of the administrative
and regulatory regimes and capacity building at the government
and private sector level.
20. We reiterated
our commitment to work towards further strengthening of the
multilateral trading regime under the WTO. We affirmed that
multilateral rules fairly agreed upon benefit every one. We
reaffirmed that trade can play a positive role in development
and that development should remain central to the ongoing negotiations
in the WTO. We welcomed the support of our business communities
to our dialogue on these issues. We remain committed to driving
forward all aspects of Doha Work Programme in a balanced manner
including improved market access and the Development of WTO
rules, as well as the issues of Special and Differential Treatment
and Resolution of Implementation Related Concerns of particular
interest to developing countries. We are committed to the successful
conclusion of the current Doha round of negotiations as also
confirmed by the Ministers of the WTO Members at Cancun, and
we invite all WTO Members to participate actively and constructively
to the resumption of work in Geneva.
21. We remain
committed to creating an appropriate economic environment for
trade in services and especially in the growth of bilateral
trade and investment including through the facilitation of the
movement of skilled persons and professionals and enhancement
of available infrastructure.
22. We expressed
common commitment to promote shared values in education and
culture by offering opportunities to the scholars to pursue
academic activities. We agreed to launch an EU Scholarship Programme
for the Masters and Doctoral level.
23. We reaffirmed
our commitment to the fight against poverty and noted the progress
made in preparatory activities for two new important development
initiatives, namely, Disaster Preparedness Programme, and a
Partnership for Progress in Social Development.
24. The vision
of a vibrant Information Society and its fullest possible development
is jointly shared by us. We decided to work together to further
enhance bilateral cooperation in streamlining the regime for
electronic communication services and designing an adequate
regulatory framework for electronic commerce including digital
signatures. We also agreed to jointly support the 2004 Euro-India
Cooperation Forum on the Information Society that will be held
in New Delhi on 24-26 March, 2004. We strongly recommended Indian
and European industry, business and research bodies to grasp
this unique opportunity.
25. We encouraged
the scientific community to take advantage of the immense potential
created by the Science & Technology Agreement and other
available instruments.
26. We noted
the successful implementation of the Indo-EU Civil Aviation
Cooperation Project and the Indo-EU Maritime Project. We acknowledged
the importance of efficient transport links to trade and economic
growth. We noted the launching of negotiations for an Indo-EU
Maritime Agreement covering issues of interest to both sides.
27. Recognising
the vital importance of satellite navigation and positioning
for our economies and societies, we agreed to cooperate in developing
the GALILEO programme. We expressed our willingness to open
negotiations to conclude and agreement between India and EU
to formalize India’s equitable participation in the Galileo
programme, starting with participation in the GALILEO Joint
Undertaking.