NEW DELHI: The 14th edition of the Indo-EU Summit scheduled in Delhi on October 6 will see a major commitment from the European Union on joint measures to counter terrorism, extremism and radical ideas -- common challenges for India and Europe.Buoyed by German Chancellor Angela Merkel's fourth win, EU is expected to commit additional investments for the Modi government's flagships projects said persons familiar with matter. European Investment Bank or EIB is expected to fund projects across sectors like Skills India, renewables, smart cities and Digital India A strong political statement is also expected at the summit amid growing scepticism in Europe about China 's One Belt One Road project. Key European nations, while maintaining business ties with China, are cautious about Beijing’s connectivity projects to the continent being implemented in a non-transparent fashion, watchers of European politics said.The summit is happening at a time when Europe’s ties with US are at a low and it is imperative for the continent to build partnerships with other democracies.A key highlight of the summit will be showcasing commitment to fight terror and radicalism jointly across European capitals being hit by terror groups, indicated a person familiar with the issue.Terror attacks in Europe are on the rise and European capitals are raising the red flag that Delhi has been raising for decades, pointed out another person who deals with the issue. De-radicalisation initiatives are imperative to win misguided youth is a narrative building up in Europe.India’s renewed focus on Europe must be analysed in the context of changing geo-politics, India’s own priorities, Europe’s relevance in the post-Brexit period and China’s expanding footprint in the continent. Delhi’s political support to key European states will contribute to stability of the continent and its success will complement India’s growth.India is in search of state-of-the art technology, skills for its youth and investments to fuel economic growth, noted an expert on Indo-Europe ties, adding, Europe on its part needs a dynamic market with growth prospects.The summit, as expected, will give a push to the long pending FTA. Two-way trade in goods between the EU and India reached 77 billion Euros in 2016 that translates to 210 million Euros per day. Adding services, the total trade exceeded € 100 billion/year, or 275 million Euros worth of trade per day. The EU is one of the largest investors in India with more than 50 billion Euros in investments.The last EU-India Summit took place in Brussels on 30 March 2016. It was the 13th Summit between the European Union (EU) and India and it led to the adoption of two key documents: a Joint statement and the EU-India Agenda for Action 2020 (a roadmap covering areas of action for the next five years).In the context of the " Make in India " initiative, the two sides have agreed to strengthen exchanges and create favourable circumstances for investment, including public-private partnerships. India also agreed to implement a mechanism to facilitate investments of EU businesses in India.