Thank you very much dear colleagues.
This first meeting of the Trade and Technology Council is a significant milestone in the strategic partnership between India and the European Union. We are obviously important partners for each other but what the TTC represents is a focus on key domains that are critical to both the global economy and global security.
Today the challenge is to address simultaneously the dual requirements of responsible growth and de-risking global economy. This means promoting resilient and reliable supply chains and additional drivers of global production and growth. It means ensuring trust and transparency in the digital domain including cross border flows. It means embracing low-carbon growth while ensuring that this does not create critical vulnerabilities.
In each of the focus areas of the TTC strategic technologies, digital governance and connectivity clean and green energy technologies and resilient value chains, India has experiences to share in terms of innovation, production and deployment. We are also an important factor in regard to the global talent pool that has been discussed this morning.
It is our expectation that TTC would become the crucial platform for the exchanges in this regard so that we arrive at both policy and business decisions in the relevant domains. I am very confident that our meeting today will take place in that spirit.
Thank you.