Positive impactEconomy
EU can learn from India on cutting regulatory burden, says Piyush Goyal as Dutch minister rules out CBAM rethink
Economic Times 1 hr ago·26 Oct 2026, 6:22 pm
Trade officials from India and the Netherlands discussed regulatory hurdles during the India-Netherlands Business Forum. Piyush Goyal, India's Commerce Minister, highlighted the country's efforts to reduce regulatory burdens on businesses, suggesting the European Union could benefit from similar deregulation. Meanwhile, Dutch Minister Sjoerd Sjoerdsma emphasized that while necessary regulations are vital for consumer safety, those that impede trade must be reviewed.
This exchange highlights a growing divergence in global trade philosophies. While India pushes for a business-friendly environment to attract foreign investment, the EU maintains a focus on strict environmental and safety standards. For investors, this dynamic suggests that Indian companies may face fewer bureaucratic hurdles, potentially improving operational efficiency. However, it also signals that Indian exporters must continue to navigate complex and evolving international regulations.
Excerpt from Economic Times
Piyush Goyal addressed the India-Netherlands Business Forum, highlighting India's deregulation efforts to reduce burdens on businesses. He asserted that the EU could learn from India's successful approach to regulatory matters. Dutch Minister Sjoerd Sjoerdsma acknowledged the importance of necessary regulations but…Read the original at Economic Times
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- Category: Economy.
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