In an important address to the 65th annual session of the Automotive Components Manufacturers Association of India (ACMA), the Minister of the Union and the Minister of Industry Piyush Goyal underlined the complementary nature of European Union-Union relations (EU). Speaking about the ongoing negotiations for a foreign trade agreement, Goyal stressed that the two entities should seek to improve collaboration rather than compete.
Citing the president of the EU Ursula von der Leyen, Goyal said: “At a time of conflicts and intense competition, you need friends of trust. For Europe, India is such a friend. The Minister stressed the importance of a bilateral relationship that goes beyond trade, emphasizing the role of India as a strategic allié engaged in fair play, sustainability and inclusive growth, values strongly resonating with those of the EU.
During his speech, Goyal stressed that negotiations for the free trade agreement are based on confidence and mutual benefits, in order to obtain a “win-win” scenario for both parties. He envisages the India-EU partnership as a potential model in geopolitics, operating technological and innovative advances to grasp the global markets. The European Commerce Commissioner Maros Sefcovic and the Commissioner for Agriculture and Food The visit of Christophe Hansen in India also underlines the diplomatic progress in progress.
(With agency entries.)
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