India, EU affirm commitment to work together on common priorities for WTO-related issues

Sakshi Education

India and EU have emphasised the need for expediting the ongoing Free Trade Agreement negotiations by finding convergence on all issues after due consideration to mutual sensitivities. Both sides also affirmed their commitment to work together on common priorities for WTO related issues.
Commerce and Industry Minister Piyush Goyal held a bilateral meeting with the European Commission Executive Vice President, Valdis Dombrovskis on the sidelines of the first Ministerial meeting of India-European Union Trade and Technology Council at Brussels in Belgium. The meeting was also attended by senior officials from both sides.
During the bilateral discussions, the leaders recalled the long-standing partnership between the two sides and underlined the need to work together to deepen the association given their commitment to democracy and rule-based international systems. Both sides recognised the need for consensus-based solutions including Permanent Solution on Public Stock Holding that would support the livelihoods and food security of people in India as well as in large parts of the developing world. They expressed hope that their joint efforts would enable finding meaningful solutions in the upcoming WTO Ministerial Conference.
This meeting was followed by meeting of the Working Group 3 Stakeholders co-chaired by Mr Goyal and Mr Dombrovskis.

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