India and the 27-nation European bloc will announce the conclusion of negotiations for the much-anticipated free trade agreement (FTA) at a landmark Summit in the capital on January 27 as New Delhi prepares to host the EU's top leadership for 77th Republic Day celebrations. Both sides are also set to sign a security and defence partnership agreement to add momentum to the strong political ties, people in the know told ET Bureau.

Underscoring the deepening engagement, a small military contingent from the European Union will participate in the Republic Day parade on January 26, marking the first time an EU force will take part in the event, the people said. The EU leadership will attend the celebrations as chief guests. President of the European Council Antonio Costa and President of the European Commission Ursula von der Leyen are scheduled to be on a state visit to India from January 25 to 27, placing trade, security and diplomacy firmly centre stage.