New Delhi, July 18 -- The European Union and India have signalled a new phase in their strategic partnership, with both sides stressing that growing mutual trust is laying the foundation for closer cooperation on trade, technology and security.

The message emerged after the third meeting of the EU-India Trade and Technology Council (TTC) in Brussels on Wednesday 15 July, where three senior Indian ministers and three European Commissioners reaffirmed the Council's role as the key platform for advancing cooperation in critical sectors against the backdrop of an increasingly uncertain geopolitical environment.

Reflecting the growing ambition of the partnership, both sides agreed to strengthen strategic value chains and deepen business enga...