India, European Union agree to establish Trade and Technology Council

Trade and Technology Council is being set up to provide political-level oversight into the India-EU relationship

India and the European Union (EU) on Monday agreed to establish a Trade and Technology Council, a strategic mechanism to address the challenges of ensuring trusted technology and security in the wake of rapid geopolitical changes — a move that is expected to deepen their strategic relationship.

The decision to set up such a council will be the first for India with any of its partners and second for the EU, following the first one with the US.

“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