New Delhi: Prime Minister Narendra Modi addressed the 15th India-EU (virtual) summit on Wednesday and said India and EU are natural partners. He added that the India-EU partnership will help in establishing peace and stability in the world. Also Read - PM Modi Inaugurates Submarine Optical Fibre Cable Connecting Chennai, Port Blair

“India and EU are natural partners. Our partnership is significant for peace and stability of the world. This reality has become even clearer in the global situation today,” PM Modi said. Also Read - This Congress Leader Was Booked For Posting Doctored Image of PM Modi

PM Modi said that the India-EU summit scheduled to be held in March was cancelled due to COVID19 pandemic. Also Read - PM Kisan Samman Nidhi Yojana: PM Modi Releases Rs 17,000 Crore to 8.5 Crore Farmers | Details Here

“We had to cancel the India-EU summit in March due to COVID19. It is good that we are able to come together today through virtual medium,” he added.

Talking about various challenges, PM Modi said climate change is a priority for India and the EU.  “Apart from current challenges, long-term challenges like climate change are also a priority for India and the EU. In our efforts to increase the use of renewable energy in India, we invite investment and technology from Europe,” PM Modi said.

Ahead of the India-EU Summit, PM Modi said the dialogue will further strengthen New Delhi’s economic as well as cultural linkages with Europe.

After 13 years of negotiations, India and the European Union on Tuesday sealed a civil nuclear cooperation agreement. The deal came through a day ahead of their virtual summit which is aimed at further broadbasing ties on a range of areas including trade, investment and defence.

“Will take part in the India-EU Summit at 4:30 PM today. I am confident this Summit will further strengthen our economic as well as cultural linkages with Europe,” PM Modi said in a tweet.