EU can find an excellent workforce in India
India and the European Commission on Monday agreed to launch a European Union (EU) Trade and Technology Council to address the challenges of ensuring trusted technology and security in the wake of rapid geopolitical changes. The agreement was reached in a meeting here between Prime Minister Narendra Modi and European Commission President Ursula Von Der Leyen in New Delhi.
External Affairs Minister S Jaishankar called on von der Leyen before her talks with Modi. The European Union said the strategic coordination mechanism will allow both partners to tackle challenges “at the nexus of trade, trusted technology and security, and thus deepen cooperation in these fields.” EU said 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 operationalize 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,” the EU said in a statement.
The EU said the shared values and common interests of the EU and India offer a strong basis to intensify mutually beneficial and deeper strategic cooperation. “The European Union and India are bound by decades of close partnership and are determined to increase joint efforts to tackle current challenges and address geopolitical circumstances,” added the EU.
The decision to set up a Trade and Technology Council will be the first for India with any of its partners and the second for the European Union following the first one it has set up with the US, the EU said. It said establishing the EU-India council is a key step toward a strengthened strategic partnership for the benefit of all peoples in the EU and India.
The European Commission President began a two-day visit to India on Sunday in the backdrop of the Russia-Ukraine conflict. At an event on Sunday, Von Der Leyen said Russia’s war in Ukraine was a stark reminder that the dependency on Russian fossil fuels is not sustainable, and pitched for a deeper co-operation between India and the EU to expand the use of clean energy.
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