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Under the latest package of EU sanctions, companies making electronic components — which the 27-nation European bloc believes could have dual military as well as civilian uses — are among the foreign companies facing tougher restrictions.
India and the European Union are making progress in the Free Trade Agreement (FTA) negotiations, with a focus on investment protection and geographical indications. The complex FTA is unlikely to be concluded before the general elections in India and the European Parliament polls. The defence sector cooperation, including cyber security, is also being discussed.
The primary focus of this agreement will be establishing resilient semiconductor supply chains and fostering joint innovation endeavours
India News: India and the EU signed an MoU on semiconductors to strengthen the supply chains and promote cooperation in research, innovation, talent development,
India News: India and the European Union conducted their first joint naval exercise in the Gulf of Guinea, reflecting their growing maritime security cooperation.