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EU can learn from India on cutting regulatory burden, says Piyush Goyal as Dutch minister rules out CBAM r

Politics · First reported 26 Oct, 17:43 · Updated 18:59

Image: The Economic Times

At a business forum in The Hague, India's Piyush Goyal criticized Europe's regulatory burden, while Dutch minister Sjoerd Sjoerdsma defended the EU's carbon border mechanism and ruled out reconsidering it.

  • Goyal said businesses want simpler rules, less compliance, and less paperwork, and urged Europe to learn from India's deregulation efforts.
  • Sjoerdsma defended CBAM as important to climate goals and ruled out a rethink of the mechanism.
  • The article says India-EU goods trade totaled €118.4 billion in 2025 and that an India-EU trade agreement was expected to be signed by year-end.
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