Agreement is called the India–European Free Trade Association partnership.
Focus areas: agriculture, medicines, clothing, engineering, and technology.
Joint research will cover health, clean energy, and space.
Both sides will cooperate on defence and nuclear energy safely.
A Prosperity Summit will be held on October 7 to discuss future projects.
They aim to bring $100 billion of new projects and create one million jobs in the next 15 years.
The partnership includes building roads, airports, railways, and sharing science ideas.
Students and young professionals will have more chances to study or work in the other country.
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