Europe is adding to businesses' regulatory burden, says Piyush Goyal

What happened: India's commerce and industry minister Piyush Goyal said at the India Netherlands Business Forum in The Hague that Europe is adding to businesses' regulatory burden while India is deregulating. Key numbers: India-EU goods trade totalled €118.4 billion in 2025, with €69.5 billion in EU Why it matters: Dutch minister Sjoerd Sjoerdsma defended the European Commission's deregulation agenda and ruled out a rethink of CBAM, which Goyal called "inviting disaster." The India-EU trade agreement is expected to be signed in December with implementation targeted for spring next year.

India's commerce and industry minister Piyush Goyal said at the India Netherlands Business Forum in The Hague that Europe is adding to businesses' regulatory burden while India is deregulating.

Dutch minister Sjoerd Sjoerdsma defended the European Commission's deregulation agenda and ruled out a rethink of CBAM, which Goyal called "inviting disaster." The India-EU trade agreement is expected to be signed in December with implementation targeted for spring next year.