EU-India Trade and Technology Council to be launched

Both sides agreed that rapid changes in the geopolitical environment highlight the need for joint in-depth strategic engagement.

The Trade and Technology Council will provide the political steer and the necessary structure to operationalise political decisions, coordinate technical work, and report to the political level to ensure implementation and follow-up in areas that are important for the sustainable progress of European and Indian economies, both sides said in a joint press release.

The decision to set up such a council will be the first for India with any of its partners and second for the European Union following the first one it has set up with the United States.

ALCHEMPro News Desk (DS)