The India-EU Summit at Porto first the following month may see progress to a free trade agreement and treaties on financial security and geographic signs, Portuguese ambassador into India Carlos Pereira Marques told ET.

“prime minister Narendra Modi‘s presence in Porto, on May 8, could constitute a historical landmark, since he’ll meet there, to get its very first time , ” the 27 EU’s heads of government and state, similarly, also certainly will co host, together with prime minister António Costa, an India-Portugal Summit, to the flip side,” Marques told ET in a meeting, in front of their Summit from the ancestral Portuguese town.

This is Modi’s 2nd trip Portugal since PM. Portuguese leaders also have seen India a few times on the last few decades, eye-ing to start a brand new chapter in ties.

The FTA and another two arrangements have been clubbed between India and the EU, ” the Portuguese envoy said. “We’re convinced we may possibly have the ability to announce some advancement on these important areas at the Porto meeting and India and the EU work consciously — in technical and political degrees — to be able to attain this challenging aim. This is just a momentum never to be overlooked,” he also added.

“our expectations because of this Summit are really high, since our rich and diversified relationship has reached a more good relaxation and ease, dependent on trust and maturity, enough period has arrived at consubstantiate it with a far more organized approach and summarize a more clear view for their near future it has lacked until today. This is going to be a time of planning and evaluation, around the governmental, economical, technical, scientific and people-to-people degrees,” Marques said.