India and EU to establish Trade & Technology council

Ursula Von Der Leyen stated that Russia’s attack on Ukraine will be a major deciding factor for Europe’s future and will also affect the Indo-pacific region along with impacting the security systems across the world.

April 26, 2022

To counter major geopolitical changes, the Indian Government has decided to collaborate with the European Union (EU) and establish a Trade and a Technology council that will address the challenges of implementing trusted technology and security.

The agreement was signed between Prime Minister Narendra Modi and the President of the European Commission Ursula Von Der Leyen, who is on a two-day visit to India.

The next meeting regarding the trade agreement is expected to take place in June 2022, after the World Trade Organization’s (WTO) 12th ministerial meeting.

Earlier this month, the Commerce Secretary BVR Subrahmanyam led a team of officials to Brussels to develop a framework for a trade agreement.

To counter major geopolitical changes, the Indian Government has decided to collaborate with the European Union (EU) and establish a Trade and a Technology council that will address the challenges of implementing trusted technology and security. Setting up of such a council will be the first for India and second for the EU, following the first one with the US. 

The agreement was signed between Prime Minister Narendra Modi and the President of the European Commission Ursula Von Der Leyen, who is on a two-day visit to India. The on-going trade talks with India and EU’s free trade agreement along with an investment agreement was also discussed in the meeting. 

The next meeting regarding the trade agreement is expected to take place in June 2022, after the World Trade Organization’s (WTO) 12th ministerial meeting. Earlier this month, the Commerce Secretary BVR Subrahmanyam led a team of officials to Brussels to develop a framework for a trade agreement. 

Ursula Von Der Leyen also stated that Russia’s attack on Ukraine will be a major deciding factor for Europe’s future and will also affect the Indo-pacific region along with impacting the security systems across the world. 

Recent Articles

GST Council approves sweeping rate cuts under simplified two-tier system

September 4, 2025

Finance Minister Nirmala Sitharaman on Wednesday announced major Goods and …

Read More

Services sector sees fastest growth in 15 years

September 3, 2025

India’s service activity raced to a 15-year high of 62.9 …

Read More

Semicon India 2025: PM Modi hails India’s fab power as key to change

September 2, 2025

Prime Minister Narendra Modi inaugurated Semicon India 2025, underscoring India’s …

Read More