European Commission President Ursula von der Leyen on Monday welcomed Prime Minister Narendra Modi's decision to launch the European Union-India Trade and Technology Council, the second such initiative for the 27-member bloc following the first one set up with the US.
This comes as PM Modi and the EU chief held bilateral talks in New Delhi, where they reviewed progress in the India-EU strategic partnership and agreed to deepen cooperation in areas of trade, climate, digital technology and people-to-people ties.
Welcoming PM' Modi's decision to launch the EU-India Trade and Technology Council, the EU chief said, "The EU has only one Trade and Technology Council in place and that is with the US. I think, therefore, it is time that it is so important for us to put up a second Trade and Technology Council with India. We have India as a technological powerhouse."