00:00Musica
00:05President, thank you so much for joining us.
00:10On this special day, in a way, for the European Union, you've set fire.
00:15Finally, you've got this mother of all trade deals.
00:17What does that mean?
00:19Well, that means that we have
00:20We are creating a market for 2 billion people.
00:24It's a
00:25It's a huge, it's the largest trade agreement ever
00:30signed by the European Union or India.
00:33And of course, that means that you expect
00:35trade to now almost practically double.
00:38And you also say tariffs will come down almost
00:40to 96% of all European exports.
00:43When do you hope to see this agreement?
00:45As soon as possible.
00:48And this is very important for
00:50both European and Indian economy, but also for the global economy because
00:55together we represent a quarter of the whole GDP.
01:00That means that if we boost our economies, we are boosting the global economy.
01:05And we saw in the 72 hours that we were here, the
01:10Indian authorities and the prime minister Modi.
01:12He really rolled out the red carpet for you for that.
01:15You were the head of the commission.
01:16You were at this military parade.
01:17I wonder if you could just give us a behind the scenes.
01:20of how this trip felt for you?
01:23Well, this trip has two parts.
01:25The first of all, very nice, very kindly.
01:30And it was the president for the line and me.
01:35We are the chief guests of the celebration of the Republic Day.
01:40The great celebration of India.
01:41The great celebration of India.
01:42And we had the...
01:45the great celebration of the huge parade.
01:48The great celebration of India was present in this great parade when the India
01:49shows not only that.
01:50non solo le loro capacità, ma anche le loro capacità.
01:55La diversità culturale e le talento delle persone sulle culture.
02:00And the second part was the summit,
02:02where we approve not only the free and trade agreement,
02:05but also with sign and security and defense partnership and the job.
02:10for the next five years.
02:13And...
02:14for the next five years.
02:15This shows that it's possible in this very...
02:20...in certain worlds that provide...
02:25...in respectability when reliable partners agree on trade, on security.
02:30On defense, on people-to-people contact.
02:33And is that your message ultimately with...
02:35...in this trade deal.
02:36You say it's the mother of all trade deals...
02:37...in a market that was very heavily protected.
02:39But I wonder...
02:40...the real value is...
02:41...sort of the optics around it...
02:42...is to send this message that when there's tariffs...
02:45...all over the place.
02:46That's the value of a moment like this.
02:47No, we have...
02:48...they have a great value.
02:50...from the economic point of view.
02:52But perhaps more important is the message.
02:55...that the two largest democracies in the world...
02:57...are sending to the international...
03:00...community is that it's important, it's essential...
03:03...to provide predictability...
03:05...to engage on cooperation...
03:07...instead...
03:09...instead...
03:10...of confrontation...
03:11...and that reliable partners...
03:13...can work...
03:15...for good in the world.
03:16So you don't believe this is the end...
03:17...of the multilateral trade system?
03:19Many think after...
03:20...of the Trump's...
03:21...or the tariffs...
03:22...before President Trump is the end.
03:23No, it's a very important way to...
03:25...endipine the multilateral system.
03:27We are living...
03:28...not in the world of blocks.
03:30...but in the world...
03:31...in the multipolar world.
03:32And in this multipolar world...
03:34...we need to do...
03:35...two things...
03:36...three things...
03:37...first...
03:38...underpin...
03:39...the multilateral...
03:40...the multilateral system.
03:41Second...
03:42... uphold...
03:43...the international law.
03:44And finally...
03:45...engage...
03:45...biliterally...
03:46...with the different parts...
03:47...in the world.
03:48That's the reason because...
03:49...last week...
03:50...we signed the trade agreement...
03:51...with Mercosul...
03:52...now...
03:53...we signed the trade agreement...
03:54...with India...
03:55...and we continue to work...
03:56...in new trade agreements...
03:57...and new partnerships...
03:58...with the different...
04:00...with different parts...
04:01...around the world.
04:02And of course...
04:03...Parsan...
04:04...and you're a very...
04:05...experienced politician.
04:05...and I know you're gonna say...
04:06...you don't like to engage...
04:07...in hypotheticals...
04:08...just reality...
04:09...but...
04:10...then if you know...
04:11...you don't enjoy me.
04:12But this is where...
04:13...I go to ask...
04:14...do you believe...
04:15...you get a sense really...
04:17...in real terms...
04:18...would we be here today...
04:20...in New Delhi...
04:21...with this agreement...
04:22...on the table...
04:23...the Mercosul done...
04:24...also in the past month...
04:25...if President Trump...
04:26...had not been elected...
04:27...and put forward...
04:28...this very aggressive...
04:29...talent policy.
04:30So we started these negotiations...
04:33...a lot of years ago...
04:34...but of course...
04:35perché quando vivi in un mondo impregnabile, hai bisogno di proporzionare
04:40produttività per il business, per investire, produrre, produrre, produrre.
04:45E per dare esperienza e sicurezza ai cittadini.
04:50Il ministro dell'India ha detto che non c'era mai mentione di Presidente Trump.
04:55Is that the case?
04:57You really did not talk about President Trump for today?
05:00Do you think that Europe and India are big enough to focus on ourselves?
05:05Yes, this summit is about India, is about the European Union and nothing else.
05:10So there was no mention of President Trump.
05:12Do you wonder or fear any form of retaliation?
05:15Because you cut more deals from the U.S. in any way?
05:17But why?
05:19They shouldn't.
05:20It's not a threat to them.
05:21No, we fix a trade agreement.
05:25The United States is now in the European Parliament to be approved.
05:28And we...
05:30We are diversifying our trade relationships and, of course, when the W2O...
05:35is not working very well and when several...
05:40economic global agents are...
05:45disturbing the global trade, we need to stabilise...
05:50the trade relationship by trade agreements and...
05:55is what we are doing and I think it's very important not only for Europe but also for the global economy.
06:00And I want to pick up a moment in the press conference in which you showed a passport.
06:05and I was watching the Indian television and this moment was really shown with...
06:10the documenting you mentioned in your origins, this really went down well.
06:14I wonder, however...
06:15is that part of a strategy to say while some other countries, namely the United States...
06:20talk about weakness and decaying countries and civilizational erasure.
06:23Perhaps when you're nice...
06:25and peace off, it's better.
06:26No, we have a vision again...
06:29that this...
06:30in this multi-polar world, we need to engage...
06:33with the different countries, with different...
06:35with different cultures, with different languages, with different traditions.
06:38Last year we...
06:40co-share with the President von der Leyen...
06:42more than...
06:43I think...
06:44eleven...
06:45in the United States...
06:46around the world...
06:47with the African Union...
06:48with the Community of Letters...
06:50in the American Caribbean...
06:51with the Central Asia countries...
06:53with China...
06:54with Japan...
06:55with South Africa...
06:57with the Western Balkans...
06:58with...
06:59around the world...
07:00and...
07:01is our way...
07:02to...
07:03is our way of life in the world...
07:04is engaging...
07:05with partners...
07:06and to...
07:07build...
07:08reliable...
07:09relationships.
07:10And would you say...
07:10however...
07:11don't mistake...
07:12politeness...
07:13for weakness...
07:14some who look...
07:15at this...
07:16very polite European Union...
07:17it means...
07:18it's also...
07:19weak European Union...
07:20would you say...
07:20don't make that...
07:21because that would be a mistake...
07:22Yes...
07:23I don't enter...
07:24in this game of words...
07:25we focus...
07:26on the reality...
07:27and that...
07:28reality...
07:29is very simple...
07:30we are...
07:30one of the largest...
07:32economies...
07:33in the world...
07:34one of the largest...
07:35democracies...
07:36in the world...
07:37and we have...
07:38we have a lot of friends...
07:39around the world...
07:40partners...
07:41allies...
07:42and we...
07:43we work with...
07:44everybody...
07:45do you get an impression...
07:46that now...
07:47these friends and allies...
07:48across the world...
07:49are reaching out to you...
07:50or is it...
07:51the European Union...
07:50reaching out to them...
07:51because now...
07:52you really need them...
07:53is it mutual...
07:54or is there also...
07:55an understanding...
07:55that they want...
07:56the European Union...
07:57I think...
07:58everybody...
07:59understood that...
08:00both the North...
08:02then the South...
08:03are more plural...
08:05than was perceived...
08:06some years ago...
08:08and everybody...
08:09has...
08:10understanding...
08:11that...
08:12we need to engage...
08:13with each other...
08:14to have...
08:15a peaceful...
08:15stable...
08:16world...
08:17on peace...
08:18and security...
08:19but also...
08:20on...
08:20economy...
08:21and on the security...
08:22now...
08:23of course...
08:24with India...
08:25and the European Union...
08:25there's been...
08:26the sticking point...
08:27of the war...
08:28in Ukraine...
08:29the EU...
08:30has said...
08:31multiple...
08:30times...
08:31that they would like...
08:32to see India...
08:33use a form of leverage...
08:34on Russia...
08:35and have more...
08:35in their meaningful language...
08:36condemning the war...
08:37was that an issue...
08:38during...
08:39your visit here...
08:40did you bring...
08:40that up...
08:41and say...
08:42you need to help us...
08:43put an end to this...
08:44We talk...
08:45of course...
08:46about...
08:47about...
08:48Ukraine...
08:49as I said...
08:50in my press conference...
08:51I believe...
08:52that we can count...
08:53on Prime Minister...
08:54Modi...
08:55You believe that?
08:56Yes...
08:57I believe...
08:58that we can count...
08:59on Prime Minister...
08:59to push...
09:00for peace...
09:01through...
09:02dialogue...
09:03and diplomacy...
09:04and...
09:05finally...
09:06on this point...
09:07Greenland...
09:08obviously...
09:09last week...
09:09was a very tense...
09:10moment...
09:11for the European Union...
09:12the United States...
09:13backed up ultimately...
09:14there were no tariffs...
09:15what's the...
09:14the lesson...
09:15that you take away...
09:16from it...
09:17and do you believe...
09:18this crisis...
09:19really...
09:20is over now?
09:21I hope so...
09:19and...
09:20and...
09:21was that...
09:22a lesson...
09:23in...
09:24when you're firm?
09:24No, I think
09:26the main lesson is
09:29everybody is concerned
09:30about the security
09:31of the Arctic region
09:32and the best way
09:34to address this
09:34is on NATO frame
09:36and working
09:37with the
09:38different
09:39Arctic countries
09:40to ensure
09:41a safe
09:42and security
09:43at the
09:44end.
09:44And, President,
09:45I wonder if you
09:45could confirm
09:46to us
09:47there is now
09:48talk that
09:50in the retreat
09:50that you have
09:51called for leaders
09:51who have a debate
09:52in February.
09:53soon, Mario Draghi
09:55will participate.
09:56Is that going
09:57to be the case?
09:58Last year?
09:58We start the year
10:00in February
10:01organizing
10:02a retreat
10:03on defense.
10:03and I invited
10:04the Secretary
10:05General of NATO,
10:06Mark Root,
10:07and also
10:08the Prime Minister
10:09of NATO.
10:08of the United Kingdom
10:10and it was
10:12the pivotal
10:12moment
10:13to
10:13to improve
10:14and focus
10:15on our
10:16own agenda
10:17on security
10:18and defense.
10:18and strength
10:19our relationship
10:20with NATO
10:20and the UK.
10:21This year,
10:22we need to do
10:23one competition.
10:23in our single market
10:26what we have done
10:27last year
10:27on security
10:28and defense.
10:28That's why
10:29I invited
10:30Mario Draghi
10:31It was your wish
10:32and Derrico
10:33and Derrico.
10:33Letta
10:34to be present
10:36in the European Council
10:37to debates
10:38on
10:38to take stock
10:39of what
10:40we have
10:41already done
10:42which
10:43they report.
10:43and what
10:44we need
10:45to do
10:46to accelerate
10:47and to deliver
10:48to
10:48the
10:48competitiveness
10:49and to
10:50deep
10:51and strength
10:52our single market.
10:52And that's
10:53my last question.
10:53What do you hope
10:54to achieve?
10:55Because you talk
10:55about the retreat
10:56that happened
10:56last year
10:57that kick-started
10:57the sequence
10:58on defense.
10:58Do you worry
11:00and is that
11:00the reason
11:01why you want
11:01Mario Draghi
11:02and Letta
11:02to be in the meeting?
11:03That this
11:03report is not
11:04being implemented
11:05fast enough.
11:06Are you concerned?
11:07What I expect
11:08from the
11:08leaders
11:09is that
11:09they give
11:10clear
11:11political guidance
11:12to the commission.
11:13to the council
11:14as they have
11:15they have done
11:16last year
11:17on security
11:17and defense.
11:18And this
11:18is
11:18on single
11:20on the single
11:20market
11:21and on
11:21competitiveness
11:22they
11:22we need
11:23to
11:23to create
11:24a new
11:24momentum
11:25to give
11:25a new
11:26impetus
11:26on this
11:27agenda.
11:27As you know
11:28we have
11:29invested a lot
11:30on simplification
11:32but we need
11:33to do
11:33much more
11:34to deliver
11:35and to boost
11:35effectively
11:36on competitiveness.
11:38and
11:39in our
11:40single
11:40market.
11:41And if
11:41you
11:42want
11:43to
11:43to underpin
11:44our effort
11:45on security
11:46and defense
11:47we need
11:47to have
11:48a strong
11:48economic
11:50base.
11:50So it's a
11:51package
11:51and that
11:51will be
11:51the goal
11:52for 2026.
11:53Yes.
11:53President
11:54thank you
11:54so much
11:55for joining
11:56us.
11:58Thank you.
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