India and the EU have agreed to hold their annual summit in New Delhi on November 6 to take forward their strategic partnership, External Affairs Minister S M Krishna has said.

At the end of the 20th India-EU Ministerial Troika meeting in Prague, Krishna, who held detailed deliberations on various issues including global financial crisis and terrorism with the EU leaders, told reporters that India and the EU are "indispensable elements" in the multi-polar structure.

"Today we shared assessment of our respective regions and also exchanged perspectives on global issues including the current international financial crisis, need for reform of international institutions, including the United Nations, energy, climate change and terrorism," he said.

"The holding of annual summits between India and the EU reflects the importance of their relationship...I am pleased to announce that we have agreed to the date proposed by the EU, November 6, 2009, for the next India-EU Summit to be held in New Delhi," Krishna said after meeting his Czech counterpart Jan Kohout, EC Commissioner for External Relations and European Neighbourhood Policy Benita Ferreo Waldner.

The ministerial meeting was held in Prague just two days before the end of the Czech Republic's six-month term in the rotating EU presidency, which will now go to Sweden.