Piyush Goyal calls for easing of 'complex' EU regulations
PARIS: As India and the European Union move towards a comprehensive free trade agreement - with investment protection and geographical indications likely to be added later - commerce and industry minister
Piyush Goyal
Tuesday called for easing of regulations in the trading bloc and member nations, describing them as "complex".
"We have regulations in India too, but the kind of regulations which EU has, and on top of that each member state has, my businesses are just completely foxed. How to go through that maze, but we've got to sort out. We can't just remain foxed. We've got to find solutions," he said. Goyal and EU commissioner for trade and economic security Maros Sefcovic met for a 90 minutes on Monday evening where several issues were thrashed out, amid indications that contentious issues such as dairy and agriculture will be kept out.
"We have to take care about, for example, our agriculture, and about some norms that we have in terms of environment, also in terms of sanitary norms, and a deal at the end is a consensus," French foreign trade minister Laurent Saint-Martin said after meeting Goyal, while asserting that both sides have to understand each other's sensitivities.
He said that the success of the India-France defence sector can be a role model for other sectors. "I am pretty optimistic about the fact that we can have an agreement in the coming weeks, coming months, because we have to showcase to the world that we do believe in trade, in a freer trade, and not in a trade war," he said.
Stay informed with the latest
business
news, updates on
bank holidays
and
public holidays
.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
32 minutes ago
- Time of India
OpenAI launches Academy in India; to expand access to AI education
The Indian government recognises that to maximise the benefits of artificial intelligence (AI), significant investments are needed in two key areas: core infrastructure and the development of advanced AI technologies, ChatGPT maker OpenAI's chief strategy officer, Jason Kwon, said on Thursday. 'As demand for AI professionals is expected to reach one million by 2026, there's a significant opportunity and a need to expand AI skills, development and make sure people from every part of India can participate and benefit,' said Kwon at the launch of OpenAI Academy in India. OpenAI has launched its educational platform, OpenAI Academy India , in partnership with the IndiaAI Mission under the Ministry of Electronics and Information Technology. This is aimed at expanding access to AI education and tools by leveraging India's developer community, digital infrastructure, and network of startups and innovators. 'We hope to accelerate AI learning in a few ways, including sharing knowledge on how to leverage the latest AI tools so people in India can stay at the cutting edge of global innovation…and helping build public sector know-how and training design to support government innovation,' he said. The academy will provide both digital and in-person learning options, which will initially be offered in English and Hindi, with more regional languages to be added later. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories 'There is a growing community of developers in India, placing it among the top 10 countries building on OpenAI,' said Kwon. Earlier, chief executive Sam Altman said that India has emerged as the second-largest market for OpenAI. 'This is a significant step towards advancing our shared goal of democratising access to knowledge and technology. We believe the latest AI frameworks and tools must be made widely accessible so that our startups, developers, and researchers can build faster, better, and at scale,' said minister for electronics and information technology Ashwini Vaishnaw. The AI model developer recently announced grants worth $150,000 for non-profit organisations in India tackling challenges in healthcare, education, agriculture, gender equity, and disability inclusion. The San Francisco, US-based company is expanding its ' AI for Impact Accelerator ' in India, under which 11 nonprofits will receive grants in the form of API credits and technical resources.
News18
35 minutes ago
- News18
France Wants India To Put Pressure On Russia To End Ukraine War. Where Does New Delhi Stand?
Last Updated: France's Emmanuel Macron called on India, China and Brazil to pressure Russia into ending the current war in Ukraine. India has repeatedly advocated for dialogue and diplomacy. French President Emmanuel Macron, in a joint statement with his Brazilian counterpart Lula da Silva in Paris, called for India, Brazil and China to pressure Russia into ending the current war in Ukraine, emphasising the need for a clear and direct approach to halt the conflict. 'Americans, Brazilians, Chinese, Indians, we must all put pressure on Russia to end this war so that this conflict can be negotiated and the war does not return," Macron said in his appeal to the international community. Macron accused Russian President Vladimir Putin of starting the war and of not wanting a ceasefire, while highlighting that a ceasefire proposal by the United States was accepted by Ukrainian President Volodymyr Zelenskyy in Jeddah, Saudi Arabia. India has adopted a position advocating for peace in the Russia-Ukraine conflict, emphasising that dialogue and diplomacy among all parties are the key to achieving a definitive end to the hostilities. Prime Minister Narendra Modi stated that India has never been neutral but firmly stands for peace. India has a strategic partnership with Russia that dates back to Indo-Soviet relations, and India heavily relies on Russian military exports for its defence needs. Since the invasion in 2022, India has not publicly condemned Russia despite Western pressure, although it has criticised some controversial statements made by Russian leaders or catastrophic strikes in Ukraine. After Western sanctions were imposed on Russia following the war, India's oil imports from Russia more than doubled at lowered prices. According to Reuters, India had already received 34 million barrels of oil from Russia when the war broke out in 2022, in comparison to 16 million barrels in all of 2021. PM Modi is among only a handful of world leaders who visited both Russia and Ukraine last year. He was the first Indian leader to visit war-torn Ukraine since 1991. Modi reaffirmed India's stance emphasising dialogue and diplomacy as the way forward, urging both sides to hold talks. Russia-Ukraine Ceasefire Talks Amid widespread bombings from both sides, Russian and Ukrainian leaders held the second round of US-brokered talks in Turkey this week, agreeing to a prisoner exchange. However, Russia refused to agree to an unconditional ceasefire, while demanding international recognition of Crimea, Donbass, Kherson, and Zaporozhye as Russian territory. Putin on Wednesday appeared to rule out any full ceasefire in Ukraine, saying Kyiv would use any pause in fighting to rearm. He also accused Ukraine of carrying out 'terrorist" attacks on bridges near the border over the weekend, as per reports. During a phone call with US President Donald Trump, Putin said Moscow felt compelled to respond to Ukraine's weekend drone attacks on Russian airfields, indicating that the war is unlikely to see an end in the near future. First Published: June 05, 2025, 19:33 IST
Mint
35 minutes ago
- Mint
OpenAI says significant number of recent ChatGPT misuses likely came from China
OpenAI said it disrupted several attempts from users in China to leverage its artificial-intelligence models for cyber threats and covert influence operations, underscoring the security challenges AI poses as the technology becomes more powerful. The Microsoft-backed company on Thursday published its latest report on disrupting malicious uses of AI, saying its investigative teams continued to uncover and prevent such activities in the three months since Feb. 21. While misuse occurred in several countries, OpenAI said it believes a 'significant number" of violations came from China, noting that four of 10 sample cases included in its latest report likely had a Chinese origin. The Chinese embassy in Washington didn't respond to a request for comment. In one such case, the company said it banned ChatGPT accounts it claimed were using OpenAI's models to generate social media posts for a covert influence operation. The company said a user stated in a prompt that they worked for China's propaganda department, though it cautioned it didn't have independent proof to verify its claim. OpenAI's policies prohibit use of its popular AI chatbot and models to assist with fraud, scams or cyberattacks. The company regularly suspends ChatGPT accounts it says are in breach of its rules. The release of ChatGPT to the public in late 2022 ushered in a wave of investments from companies willing to bet on a technology that is changing the way people do research, learn and work, though its growing capabilities also raise concerns about their weaponization for fraud, influence operations and other illicit activities. OpenAI said in a letter to the U.S. Office of Science and Technology Policy in March that AI needs common-sense rules to shield users and that it was committed to preventing authoritarian regimes from using its models to amass power, threaten or coerce other states, carry out covert influence operations or malicious cyber activity. News Corp, owner of Dow Jones Newswires and The Wall Street Journal, has a content-licensing partnership with OpenAI. Write to Mauro Orru at
