India, May 10 -- Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Friday stated that the 16th IndiaEU Summit held in New Delhi this January provided a decisive new momentum to the bilateral strategic partnership, elevating it to a higher level.

Addressing the Europe Day 2026 celebrations in the presence of EU Ambassador Herve Delphin, Sitharaman noted that the outcomes of the summit signify a transformative phase in the engagement between the two powers.

"The 16th India-EU Summit held at New Delhi in January 2026 has given a decisive new momentum to our Strategic partnership, taking it to a newer level," the Finance Minister said on X.

The Minister emphasized that the successful conclusion of negotiations for the In...