{"id":449871,"date":"2023-05-16T17:30:24","date_gmt":"2023-05-16T15:30:24","guid":{"rendered":"https:\/\/pre.efe.com\/?p=449871"},"modified":"2023-05-17T07:09:25","modified_gmt":"2023-05-17T05:09:25","slug":"top-eu-india-ministers-discuss-trade-tech-challenges-at-inaugural-brussels-summit","status":"publish","type":"post","link":"https:\/\/pre.efe.com\/en\/latest-news\/2023-05-16\/top-eu-india-ministers-discuss-trade-tech-challenges-at-inaugural-brussels-summit\/","title":{"rendered":"Top EU, India ministers discuss trade, tech challenges at inaugural Brussels summit"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Brussels, May 16 (EFE).- Ministers from India and the European Union were meeting in Brussels on Tuesday at the first-ever EU-India Trade and Technology Council Summit.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/pre.efe.com\/wp-content\/uploads\/2023\/05\/rss-efe70a2e47242cfc8046700a6a01665157c7d7469ddw.jpg\" alt=\"(FILE) Indian Foreign Minister Subrahmanyam Jaishankar (L) is welcomed by European Council President Charles Michel (R) prior to a meeting at the European Council headquarters in Brussels, Belgium, 17 February 2020.  EFE\/EPA\/OLIVIER HOSLET \/ POOL\n\"\/><\/figure>\n\n\n\n<div class=\"media-content-img\" style=\"margin-bottom: 20px\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Some of India&#8217;s highest-ranking politicians, including foreign minister Subrahmanyam Jaishankar and trade minister Piyush Goyal, were meeting with their counterparts from the European Commission, executive vice presidents Margrethe Vestager and Valdis Dombrovskis, the respective Commissioners for competition and trade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The first session of the TTC is a \u201csignificant milestone in the strategic partnership\u201d between India and the EU that represents a \u201cfocus on key domains that are critical to both the global economy and global security,\u201d Jaishankar said during his opening remarks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt is our expectation that the TTC would become a crucial platform for the exchanges\u201d in focus areas including \u201cstrategic technologies, digital governance and connectivity, clean and green energy technologies and resilient value chains,\u201d India\u2019s foreign minister added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Goyal, for his part, said the TTC was both \u201cappropriate and timely\u201d given the \u201cunprecedented times and challenges\u201d facing the international community and global economy, challenges that \u201cwarrant unprecedented actions.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The TTC has the potential to become \u201cone of the most important bilateral structures to enhance our trade and investment religions, guide them in a direction that is essential for the strategic growth and security of both sides and usher in a new era of prosperity for the people of both the EU and India,\u201d Goyal said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Opening the session, Vestager praised the ambition displayed by both parties for \u201cusing technology to build a society where people feel truly included and where we make the best use of technology for that purpose.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Her fellow vice president, Valdis Dombrovskis, described the newly inaugurated forum as a \u201cmajor new endeavor\u201d that will further consolidate the already strong and forward looking strategic partnership\u201d between the EU and India, which he said \u201cshare key strategic interests.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tuesday\u2019s inaugural \u201cagenda-setting meeting\u201d will set out a roadmap for future cooperation, Vestager said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The hope is that the forum will serve to iron out differences relating to, among other things, the EU\u2019s impending Carbon Border Adjustment Mechanism, a border tax that will take effect in 2026 that will force importers to pay a levy that is in line with what European companies are required to pay, which India has complained amounts to unfair trading practices. EFE<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">bru-ks<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brussels, May 16 (EFE).- Ministers from India and the European Union were meeting in Brussels on Tuesday at the first-ever EU-India Trade and Technology Council Summit. Some of India&#8217;s highest-ranking politicians, including foreign minister Subrahmanyam Jaishankar and trade minister Piyush Goyal, were meeting with their counterparts from the European Commission, executive vice presidents Margrethe Vestager &#8230; <a title=\"Top EU, India ministers discuss trade, tech challenges at inaugural Brussels summit\" class=\"read-more\" href=\"https:\/\/pre.efe.com\/en\/latest-news\/2023-05-16\/top-eu-india-ministers-discuss-trade-tech-challenges-at-inaugural-brussels-summit\/\" aria-label=\"Read more about Top EU, India ministers discuss trade, tech challenges at inaugural Brussels summit\">Read more<\/a><\/p>\n","protected":false},"author":198164071,"featured_media":449876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[121922,122140],"tags":[],"class_list":["post-449871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-latest-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Top EU, India ministers discuss trade, tech challenges at inaugural Brussels summit - EFE<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top EU, India ministers discuss trade, tech challenges at inaugural Brussels summit - EFE\" \/>\n<meta property=\"og:description\" content=\"Brussels, May 16 (EFE).- Ministers from India and the European Union were meeting in Brussels on Tuesday at the first-ever EU-India Trade and Technology Council Summit. 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