What’s in the news?

• The European Union (EU) and India have agreed to work together in Battery Recycling Technologies for Electric Vehicles (EVs).
• This initiative takes place under the India-EU Trade & Technology Council (TTC).

About the Trade and Technology Council set up by India and the EU

• The India-EU Trade and Technology Council (TTC) was first announced by the European Commission and India in April 2022. 
• Established in February 2023, this strategic coordination mechanism allows both sides to tackle challenges at the nexus of trade, trusted technology, security and deepens cooperation in these fields. 
• Establishing India-EU TTC is a key step towards a strengthened strategic partnership for people in India and the EU.
• The TTC is a key forum to deepen the strategic partnership on trade and technology between the two partners. 
• Geostrategic challenges have reinforced the EU and India’s common interest in ensuring security, prosperity, and sustainable development based on shared values. 
• The TTC consists of three Working Groups:

(1) Working Group 1 on Strategic Technologies, Digital Governance and Digital Connectivity.

(2) Working Group 2 on Green and Clean Energy Technologies; and

(3) Working Group 3 on Trade, Investment and Resilient Value Chains. 

https://pib.gov.in/PressReleasePage.aspx?PRID=2017521