European Council meeting

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European Council meeting

European Council meeting

  • Recently the 16th meeting of the European Council was held. Prime Minister of India NarendraModi has also participated in this meeting.
  • Earlier, the 15th India-EU Summit was held in July
  • This year, at the European Council, Portugal hosted a meeting of the leaders of the ‘Indo-European Union’. Portugal is currently the chairman of the European Council Group.

Key Points of Talks:

  • During this, Indian Prime Minister held a meeting with other government heads of EU members. In this, all countries exchanged views on COVID-19, emphasizing on sustainable and inclusive development.
  • In this meeting, the free trade agreement between India and the European Union is also discussed. In addition, agreements related to geographical indication and investment protection have also been made.
  • Investment protection is to “Europeanize” the agreements that India has entered into with individual member countries so far.
  • The European Union discussed the COVID-19 vaccine in the context of the TRIPS exemption during this meeting.TRIPS stand for Trade Related Aspects of Intellectual Property Rights. Recently the US agreed to the deal.

Pact on pandemic

  • Recently about 25 member countries of the European Union want to sign a “COVID-19 pandemic treaty” with the WHO, which aims to focus on getting the global community vaccinated as soon as possible. This treaty has also been discussed during the meeting.

European Council

  • The European Council is a collective body of the European Union, which defines the overall political direction and priorities of the European Union.
  • The European Council consists of the President of the European Commission as well as the Head of State or Head of Government of all member states.
  • The meetings of the European Council are chaired by the member country which has the Presidency of the Council of the European Union at that time (Presidency of the Council of the European Union). As presently obtained from Portugal.

European Union

  • It is a political and economic forum of 27 countries mainly located in Europe, in which there is administrative partnership among them, which is applicable to all the nations of the Union.

Source: Indian Express

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