India and EU should collaborate for better trade

economictimes.indiatimes.com

India's Minister of State for Commerce, Jitin Prasada, urged the European Union to collaborate with India to tackle non-tariff barriers and align trade standards. He emphasized the importance of partnership amid global economic challenges. Prasada highlighted the need for Europe to diversify its supply chains, noting India's significant talent pool in IT, engineering, healthcare, and fintech. He suggested that both regions could benefit from a simplified visa process and mutual recognition of qualifications. This call for cooperation marks a shift from competition to partnership, aiming to ease trade bottlenecks and enhance economic ties between India and the EU.


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