External Affairs Minister S. Jaishankar on Friday highlighted India’s growing convergence with Europe and the expansion of the Indian economy in his speech at University College Dublin, Ireland. He recalled European Commission President Ursula von der Leyen’s recent visit to India and noted that India and the EU have been negotiating a free trade agreement, expressing hope that it will conclude by the end of this year.
Jaishankar pointed out that India is now the fifth-largest economy and is set to become the third-largest by the end of this decade. He underscored strong trade relations between India and Ireland, with trade estimated at £16 billion, and services trade exceeding goods trade, which is unusual. Many leading companies from both nations have established a presence in each other’s markets.
Tourism between the two countries is growing, and Jaishankar expressed hope for a more friendly visa policy to further boost Indian tourism to Ireland. He also highlighted the growing educational exchange, with over 13,000 Indian students now in Ireland, contributing to the country’s development.
The foreign minister discussed India’s future growth, with expectations of 7% annual growth, driving higher consumption and development. He mentioned the country’s rapid infrastructure development, including seven new airports annually and the construction of 28-30 kilometers of highways daily.
Jaishankar reflected on the shared history between India and Ireland, recalling his early education at St. Patrick’s School in Chennai. He emphasized the inspiration Ireland’s freedom struggle provided to India’s national movement, with figures like Annie Besant and Sister Nivedita contributing to the fight for freedom.
The external affairs minister also pointed out the mutual understanding between India and Ireland shaped by their common history of decolonization, and called for a global order that is fair, respects international law, and promotes cooperation.
ANI
