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India, EU to create three working groups under trade & tech council

India, EU to create three working groups under trade & tech council

New Delhi, Feb 06 (UNI) India and the EU on Monday announced the establishment of three Working Groups under the India-EU Trade and Technology Council and their Terms of Reference.

The TTC was launched by Prime Minister Narendra Modi and President of the European Commission Ursula von der Leyen during the latter’s visit to India in April 2022.

The TTC is a strategic coordination mechanism that will allow both partners to tackle challenges at the nexus of trade, trusted technology and security, and thus deepen cooperation in these fields between India and the EU.

The TTC with India is only the second such Council for the EU and the first such mechanism for India, an official statement said.

The TTC will be co-chaired on the Indian side by the Ministers for External Affairs; Commerce & Industry; and Communications, Electronics & Information Technology.

Under the TTC, the following three Working Groups have been established:

i). Working Group on Strategic Technologies, Digital Governance and Digital Connectivity: Chaired by Secretary, Ministry of Electronics and Information Technology

ii). Working Group on Green & Clean Energy Technologies: Chaired by Principal Scientific Adviser to the Government of India

iii). Working Group on Trade, Investment & Resilient Value Chains: Chaired by Secretary, Department of Commerce, the statement said

During the visit last year of European Commission President Ursula Von Der Leyen to India and her meeting with PM Modi, the two sides had decided to set up the EU-India Trade and Technology Council, a strategic coordination mechanism to tackle challenges in trade, technology and security.
UNI RN RKM

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