(Bloomberg) --The European Union and India agreed to start formal talks on New Delhi’s participation in the bloc’s flagship Horizon research program, broadening ties beyond a landmark free trade agreement that’s expected to come into force next year.
The two sides aim to conclude negotiations before year-end on India’s association with the €95.5 billion ($110 billion) Horizon Europe research and innovation program, according to a joint statement on Wednesday. The deal would give Indian universities, research institutes and companies access to collaborative projects with European partners.