Topics
European Union | Supply chain | Suman K Bery
Press Trust of India | New Delhi Last Updated at June 24, 2022 22:46 IST
https://mybs.in/2awNgWQ
Assuming a successful conclusion to the trade negotiations with the European Union (EU), India should seek deeper integration into European supply chains and present itself as an alternative to China, Niti Aayog Vice Chairman Suman Bery on Friday said.
Bery had a discussion with ambassador of the European Union to India and Bhutan Ugo Astuto across a broad range of issues, including trade negotiations, sustainability and electric mobility.
"Assuming a successful conclusion to the trade negotiations, India should seek deeper integration into European supply chains, presenting itself as an alternative to China," he said in a series of tweets.
Bery said an explicit goal of the EU is to promote convergence in living standards between richer and poorer member states.
Last week, India and the European Union (EU) finally restarted the negotiations for the long-pending trade and investment agreement after a gap of over eight years.
The negotiations took place in the Belgian capital Brussels.
In April, Astuto had said India and the European Union are eyeing to firm up the comprehensive trade and investment pact before the commencement of the electoral cycles on both sides in 2024.
The negotiations for the ambitious free-trade agreement were suspended in 2013 after several rounds of talks spanning six years.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
PREVIOUS STORY
NEXT STORY
Copyrights © 2022 Business Standard Private Ltd. All rights reserved.
Upgrade To Premium Services
Business Standard is happy to inform you of the launch of “Business Standard Premium Services”
As a premium subscriber you get an across device unfettered access to a range of services which include:
Premium Services
In Partnership with 
Dear Guest,
Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.
Enjoy Reading!
Team Business Standard
