India, EU hold high-level dialogue

The first India-European Union High-Level Dialogue was co-chaired by the Minister of Commerce and Industry, Piyush Goyal from India side and the European Union Executive Vice-President & Trade Commissioner Mr Valdis Dombrovskis, from the EU side. This Dialogue was organised in line with the commitment made at the 15th India-EU Leader’s Summit held in July 2020.

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The outcome of HLD:

• Ministers agreed for further deepening of bilateral trade and investment relationship through a series of regular engagements, aiming at quick deliverable for the businesses in these tough times.
• They also agreed to meet within the next three months, to reach consensus on a host of bilateral trade & investment cooperation issues like bilateral Regulatory Dialogue; an India-EU Multilateral Dialogue to explore further possibilities of cooperation.

Important takeaways for all competitive exams:

• European Union (EU) Headquarters location: Brussels, Belgium.
• European Union (EU) Founded: 1 November 1993.
• European Parliament President: David-Maria Sassoli.

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