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‘Seeking To Hyphenate Too Many Issues’: Goyal On EU Trade Regulations At Berlin Global Dialogue

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Summary: Union Commerce Minister Piyush Goyal slammed the European Union for “double standards” in trade at the Berlin Global Dialogue. He questioned why India faces scrutiny while Germany seeks sanctions exemptions for Rosneft facilities and criticized inconsistencies in safeguard and anti-dumping duties. Goyal accused the EU of protecting domestic industries despite promoting free markets and multilateralism. He also warned that excessive internal regulations could create an existential risk for European businesses, calling for urgent reforms. Highlighting India’s growth potential, Airbus Chairperson René Obermann praised the country’s unmatched entrepreneurial ambition. Goyal underlined India’s demographic dividend as a key driver for long-term economic growth and a strong foundation for global business opportunities.

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