Second meeting of India-EU (European Union) Trade and Technology Council (TTC) took place in India | Current Affairs | Vision IAS
News Today Logo

Second meeting of India-EU (European Union) Trade and Technology Council (TTC) took place in India

Posted 01 Mar 2025

2 min read

Image showing expanding trade relations between India and EU.

EU-India TTC establishment was announced in 2022 as a key bilateral platform to address challenges at the confluence of trade, trusted technology and security. 

  • It has 3 working groups, one each on:
    • Strategic Technologies, Digital Governance, and Digital Connectivity
    • Clean and Green Technologies
    • Trade, Investment and Resilient Value Chains

Key highlights of the meeting 

  • Strategic technologies, digital governance and digital connectivity: 
    • Committed to human-centric AI, semiconductors, High-Performance Computing, and 6G.
    • Agreed on interoperable Digital Public Infrastructures (DPIs) and strengthening ties between European AI Office & India AI Mission. 
  • Green and clean energy technologies: Announced launching coordinated research under the Horizon Europe Program with €60 million joint investment
    • Horizon Europe is EU's key funding programme for research and innovation. 
  • Trade, investment and resilient value chains
    • Agreed to conclude the Free Trade Agreement (FTA) by 2025.
    • Exchanged best practices on Foreign Direct Investment screening.
    • Discussed trade and decarbonization, including EU’s Carbon Border Adjustment Mechanism (CBAM)
    • Reaffirmed commitment to the India-Middle East-Europe Economic Corridor (IMEEC). 

India and the EU, as large democracies with open markets, share common values and interests in security, prosperity, and sustainable development, making their partnership vital in a multipolar world.

  • Tags :
  • India-EU
  • DPI
  • CBAM
  • Horizon Europe Program
Watch News Today
Subscribe for Premium Features