The recent virtual India – EU Summit has paved the way for a broad-based free trade and investment agreement that has held out promise but stalled for almost nine years now. Indian Prime Minister Narendra Modi and EU President Ursula von der Leyen addressed the summit. The EU Chief had even sought an “ambitious free trade deal” between the two nations. The summit discussions were very “fruitful,” Modi said after the event. The convergence of economic initiative is significant in the wake of the COVID-19 pandemic. The summit saw India and EU sign five documents.