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Belgian Prime Minister Says Europe Ignored India’s China Warnings

Belgian Prime Minister Says Europe Ignored India’s China Warnings
'India warned us, we...': Belgian PM admits Europe slept on warnings about China's market play · businesstoday.in

Belgian Prime Minister Bart De Wever said India warned Europe about risks from China’s economic strategy.

He said European leaders did not listen at the time.

Europe is now dealing with cheap goods entering markets and supply chains that may be unsafe or unreliable.

De Wever wants India and the European Union to finish a free-trade agreement quickly.

He said India and Europe should work together on minerals, medicines, computer chips, energy and technology.

He also supported cooperation in defence and maritime security.

Narendra Modi and De Wever oversaw several agreements between India and Belgium.

The goal is to make both sides better prepared for economic and political problems.

Key facts

Belgian prime minister
Bart De Wever
Indian prime minister
Narendra Modi
Agreement urged
India-European Union Free Trade Agreement
Meeting location
New Delhi
Signing date
September 3
Cooperation areas
Critical minerals, pharmaceuticals, semiconductors, green energy, technology, defence and maritime security
Stated economic concerns
Market imbalances, aggressive dumping of goods and vulnerable supply chains

Quotes

Bart De Wever

Prime Minister of Belgium

“India saw this earlier than we did...they warned us. And we didn't listen,”
businesstoday.in
“We're listening now.”
businesstoday.in

Sources

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