EU can learn from India on rules, says Piyush Goyal
Piyush Goyal, the commerce and industry minister of India, suggested during his speech at the India-Netherlands Business Forum that the EU could benefit from learning from India's approach to reducing regulatory burdens on businesses. Goyal emphasized the need to examine regulations that do not contribute to trade and could be streamlined.
His Dutch counterpart, Sjoerd Sjoerdsma, the minister of foreign trade and development cooperation, disagreed with this perspective. Sjoerdsma emphasized that rules related to climate, product quality, and safety are crucial for the European market and should be preserved. He stated that while unnecessary and unnecessary regulations should be reviewed, there is no intention to overhaul the EU's Carbon Border Adjustment Mechanism (CBAM).
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