New Delhi, March 18 -- Former Swedish Prime Minister Carl Bildt on Monday said that 2025 will be a "breakthrough year" in the relationship between India and the European Union.

Speaking with ANI, Bildt stated that both sides are committed to reaching an agreement by the end of the year.

"I think that we will have a breakthrough this year in the relationship between the European Union and India. There's a commitment now on both the Indian and the EU sides to have sort of an agreement concluded by the end of the year," Bildt said.

"It's got to be difficult. It's got to require compromise both from the European side and Indian side, but in the rather uncertain environment that we have for global trade with tariffs...I think that would be ...