Modi, Macron stress economic security, adopt 'Innovation Roadmap 2030' and 'Economic Security Dialogue'
Prime Minister Narendra Modi and French President Emmanuel Macron held bilateral talks in Nice, adopting an 'Innovation Roadmap 2030' and establishing an 'Economic Security Dialogue'. Key themes included fast adoption of the India-EU Free Trade Agreement (FTA), AI cooperation, and strengthening supply chain resilience, especially in critical minerals. The leaders also co-inaugurated Bharat Innovates 2026, focusing on trust and cooperation in technology, with PM Modi inviting investors to "design and develop in India" for global solutions. Discussions also covered private sector participation in India's nuclear sector and the proposed sale of 114 Rafale fighter jets.
Key Points
- India and France adopted an 'Innovation Roadmap 2030' and established an 'Economic Security Dialogue' during bilateral talks in Nice.
- The leaders called for fast adoption of the India-EU Free Trade Agreement and agreed to create a Joint India-France AI Working Group.
- PM Modi invited global investors to "design and develop in India" to create solutions for the world, emphasizing India's role as a technology provider.
- Discussions included private sector collaboration in India's space and nuclear sectors, with France aligning its defense cooperation with India.
- The two countries also signed 19 agreements between entities in their innovation ecosystems.
Exam Facts
- 'Innovation Roadmap 2030' and 'Economic Security Dialogue' adopted by India and France.
- India-EU Free Trade Agreement (FTA) was signed in February this year.
- SHANTI Act governs the nuclear sector in India, allowing private sector participation.
- Proposed sale of 114 Rafale fighter jets to New Delhi with 'Make in India' programme.
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