# Piyush Goyal says EU can learn from India on deregulation

2026-10-26T20:36:20+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Commerce and industry minister Piyush Goyal on Monday, 26 October 2026, told the India-Netherlands Business Forum in The Hague that Europe is adding to the regulatory burden on businesses at a time when the world wants simpler rules. ‘We are deregulating. Sadly, you need to take a lesson or two from us on that,’ Goyal said. He also criticised the European Union’s carbon border adjustment mechanism (CBAM), calling it ‘inviting disaster.’ Dutch minister Sjoerd Sjoerdsma defended the EU’s approach, saying climate and product safety rules are crucial for European consumers, but unnecessary rules that hinder trade need scrutiny. He ruled out a rethink of CBAM, calling it essential for the Paris climate goals. The India-EU trade agreement is expected to be signed by December 2026, with implementation targeted for spring 2027. Bilateral trade between India and the Netherlands fell 16.2% to $23.26 billion in FY26. Goyal also pitched India as a trusted partner for data centre investment, citing its single national grid with 70% clean energy.

## Indian Opinion Analysis

Both Livemint and the Economic Times report the same core event, Goyal's deregulation pitch and Sjoerdsma's defence of CBAM, in a neutral-report style. Livemint adds more detail: Goyal's remarks on data security, the bilateral trade drop, and the EU trade deal timeline. The Economic Times is shorter, focusing on the exchange at the forum. Neither outlet frames the story as pro-government or government-critical, both present Goyal's and Sjoerdsma's statements without commentary. The balanced reading is that the coverage is uniform straight reporting, with Livemint providing fuller context. Sjoerdsma's rejection of a CBAM rethink is the key open point.

## Coverage

Coverage: 2 sources, 2 neutral
- livemint.com (neutral report) <https://www.livemint.com/news/india/europe-is-adding-to-businesses-regulatory-burden-says-piyush-goyal-11793031327984.html>
  Straight reporting of Goyal and Sjoerdsma remarks with context
- economictimes.indiatimes.com (neutral report) <https://economictimes.indiatimes.com/news/economy/foreign-trade/eu-can-learn-from-india-on-cutting-regulatory-burden-says-piyush-goyal-as-dutch-minister-rules-out-cbam-rethink/articleshow/135217869.cms>
  Brief neutral report of the forum exchange

This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry.

Tags: CBAM, European Union, India-EU trade agreement, Netherlands, Piyush Goyal
Canonical: https://indianopinion.org/piyush-goyal-says-eu-can-learn-from-india-on-deregulation/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/piyush-goyal-says-eu-can-learn-from-india-on-deregulation/#story-in-brief

How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/
