February 7, 2023
1 min read

EU ministers hold talks on green transition, single market

The ministers also discussed how short-term measures such as those taken due to the energy crisis could strengthen EU competitiveness in the long-term…reports Asian Lite News

The green transition and reinforcing the EU single market were the focus of talks among EU competitiveness ministers in Stockholm.

Declining economic performance, the Russia-Ukraine conflict, the energy crisis, rising inflation and climate change are all affecting businesses in the EU, said Johan Forssell, Swedish Minister for International Development Cooperation and Foreign Trade, on Tuesday.

“It’s therefore important to develop the single market and drive the green transition forward to strengthen long-term competitiveness,” Forssell added.

The EU single market celebrates its 30th anniversary in January 2023. Over the years, many technical, legal and administrative barriers to free trade and movement between EU member states have been removed. Nevertheless, according to the current Swedish Presidency of the EU Council, there are still a number of unjustified barriers for companies and individuals.

At the meeting on Tuesday, ministers also discussed how short-term measures such as those taken due to the energy crisis could strengthen EU competitiveness in the long-term, Xinhua news agency reported.

The three-day informal meeting of EU competitiveness ministers kicked off on Monday, chaired by the Swedish Presidency. The second part of the meeting on Wednesday will focus on research issues.

ALSO READ: India, EU set up trade and technology council

Previous Story

Sunak pledges ‘steadfast support’ for Turkey

Next Story

Pension reform plans spark protests in France

Latest from -Top News

India, UK Cement Strategic Ties

Oliver Robbins met Vikram Misri in New Delhi for UK–India talks reviewing their strategic partnership….reports Asian Lite News Oliver Robbins, Permanent Under-Secretary at the UK’s Foreign, Commonwealth & Development Office (FCDO), met

India, Malaysia Stand Together on Terror

The Speaker reaffirmed Malaysia’s commitment to peace and thanked the Indian delegation for the briefing on India’s approach to dealing with terrorism at large…reports Asian Lite News An all-party Indian delegation met

Don’t Let Bailout Back Terror, Tharoor Warns IMF

Tharoor expressed his displeasure at the International Monetary Fund for enabling Pakistan thus as they divert those funds to arm themselves to attack India….reports Asian Lite News All-Party Delegation leader and Congress

India Doubles Down on BRICS at Brazil Talks

The BRICS Communications Ministers met in Brasilia under the Chair of Brazil on June 2, and conducted discussions on universal and meaningful connectivity…reports Asian Lite News India reiterated its commitment to enduring
Go toTop

Don't Miss

Hungary Blocks €50 Billion EU Funding to Ukraine

Hungary has long opposed membership for Ukraine but did not

Russia-Ukraine peace talks on hold

Ukrainian and Russian negotiators held the latest round of face-to-face