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IANS Nov 21, 2014, 03.01PM IST

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BRUSSELS: Indian Ambassador to the European Union (EU) and Belgium Manjeev Singh Puri has called for energising EU-India trade and economic relations.

"Please energise your constituents across the European Union because India has opportunities. The government is interested very much. The entire business of 'Make in India' encompasses this entire thing of ease of doing business in India," he said in his inaugural address at an EU-India economic forum which kicked off in Brussels Thursday night.

"What you require is a determined will and willingness to partake in this new India, these new opportunities arising which the whole world is talking about," he said.

Puri noted that India's trade with the EU has dipped a little in the last years in the aggregate terms although India's exports to the EU have risen, but overall EU imports to Indian have fallen in the last few years.

"The EU-India free trade agreement (FTA) is very important but it should not be seen as a panacea for everything. It has to be a win-win for both sides," stressed the Indian ambassador.

The two-day conference around the theme, "EU-India Strategic Partnership: Beyond the Lost Decade: What will it take for European and Indian Businesses to make it Work", has been organised by the Euro-India Chamber of Commerce (EICC).

Sunil Prasad, secretary general of the EICC, said the objective of the Trade and Investment Partnership Summit (TIPS) is to create awareness on international business opportunities and feasibility of cross-border expansion for Indian and European businesses.

He said that it was dedicated to fostering bilateral trade, investment and economic relations between the EU and India .

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India wants to energise trade ties with European Union