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Renewable Energy India Expo 2018 witnesses participation from 34 countries

More than 364 renewable energy Small and Medium Enterprises (SMEs) and clusters from 34 countries, including 121 EU Companies from 19 countries took part in 537 meetings during the Business Beyond Borders matchmaking sessions at Renewable Energy India Expo 2018 (REI) held in New Delhi and Greater Noida from September 17 to 21.

The European Commission (EC) funded Business Beyond Borders sessions, and their outcomes, at REI were praised by the EU Ambassador to India, Tomasz Kozlowski, as “the kind of events we need to move the business, energy and sustainable development agenda forward between the EU and India.”


Delivering his address at the ‘India and EU – Co-Creation of Projects in alignment with Sustainable Development Goals (SDGs)’ dialogue session on Friday (21), which marked the end of the EU-India Clean Energy Days, EU Ambassador Kozlowski, when addressing the the gap between ideas and concrete actions in the renewable energy sector said, “we are now working on practical solutions. That’s why it’s important to come together to foster business opportunities between European and Indian companies”.

EU Ambassador Kozlowski also announced some of the deals struck between EU and Indian companies during the Business Beyond Borders (BBB) meetings.

A visiting delegation of about 80 European representatives took part in the EU-India Energy and Climate Days and Business Beyond Borders activities over the past week.

Business Beyond Borders, a project financed by the European Commission, helps businesses, especially SMEs and clusters, to trade across borders and explore third markets. It has held eight successful international events (in Madrid, Cape Town, Paris, Milan, Cannes, Santiago, Sydney and Tehran) where over 300 new business partnerships have been agreed.

The Business Beyond Borders event at REI 2018 was organised in collaboration with the delegation of the European Union to India, the European Business Technology Centre (EBTC), and UBM India.

The final Business Beyond Borders matchmaking event will take place at VISION (November 6-8, Stuttgart, Germany), and target companies operating in the machine vision industry.

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  • Around 80 per cent of India's steel exports to the UK will remain outside Britain's safeguard restrictions.
  • India secured steel quotas worth about $350 million, compared with the UK's average allocation of $200 million for many trading partners.
  • The government expects steel exports to the UK to reach $1 billion in FY27.

India expects its steel exports to the UK to touch $1 billion in FY27 after securing improved market access under the India-UK Free Trade Agreement (FTA), with the government saying the negotiated terms place Indian exporters in a stronger position than many of Britain's other trading partners.

Speaking at a press briefing, Commerce Secretary Rajesh Agrawal reportedly said India resolved one of the most difficult issues during the trade negotiations by securing more favourable steel safeguard quotas. He said nearly 80 per cent of India's steel exports to the UK would remain outside Britain's safeguard measures, allowing them to continue entering the market without additional restrictions.

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