New Delhi, Feb. 4 -- Emphasising the importance of the ties between India and the European Union as a "stabilizing factor" amid the global volatility and uncertainty, External Affairs Minister S Jaishankar asserted that the relationship between the two is "more important than ever before".

Delivering the keynote address at the IIC-Bruegel Annual Seminar in Delhi on Tuesday, the Foreign Minister further highlighted the interaction with the European Commission, expressing expectations for even collaboration in the future.

"In a world that promises to be so volatile and so uncertain, a stronger India-EU relationship can be an important stabilizing factor. India is certainly cognizant of the greater strategic awakening of Europe in the last...