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Economic Times
29-04-2025
- Business
- Economic Times
India, Netherlands discuss ways to address trade barriers, logistics issues
India and the Netherlands have discussed ways to advance strategic economic cooperation, foster policy alignment and address trade barriers to facilitate smoother market access for Indian and Dutch businesses. The issues were taken up during commerce secretary Sunil Barthwal's visit to Netherlands from April24–26 April to advance bilateral trade and economic cooperation between the two sides. The visit also laid the groundwork for setting up of a Green and Digital Corridor between the Port of Rotterdam and Indian ports like the Deendayal Port Authority Kandla, and export of Green Hydrogen and carriers like Ammonia and Methanol from India to Europe, with the Port of Rotterdam acting as a gateway to commenced his visit with a productive discussion with Michiel Sweers, Director General for Foreign Economic Relations, Dutch Ministry of Foreign Affairs, in The Hague, according to the commerce and industry ministry.'The discussions focused on strengthening bilateral trade and economic ties, inter alia, through setting up of the Joint Trade and Investment Committee (JTIC) mechanism,' the ministry said in a statement Tuesday. The meeting covered diverse issues of bilateral trade and economic relationship, advancing strategic economic cooperation, fostering policy alignment, and addressing trade barriers to facilitate smoother market access for Indian and Dutch businesses. 'The dialogue reaffirmed the shared commitment to creating a conducive environment for trade and investment, leveraging the complementary strengths of both economies,' it said, adding thatBarthwal held in-depth discussions on enhancing cooperation between the Indian ports and talks explored opportunities for knowledge sharing, technology transfer, and sustainable port management practices. A tour of the port facilities, including the fully automated APM Terminals at Maasvlakte II, provided insights into Rotterdam's state-of-the-art infrastructure and operational per the statement, Barthwal highlighted the potential for collaboration in modernizing Indian ports, aligning with India's Maritime Vision 2030, which aims to enhance port capacity and logistics efficiency.'Both sides expressed interest in deepening ties through joint initiatives in port digitalization, green shipping, and logistics optimization, which are critical to boosting bilateral trade flows,' it also visited Croatia where he held talks on advancing India-Croatia trade and investment relations, promoting sectoral collaboration, and reinforcing India's engagement with the Central European region with Zdenko Lucić, State Secretary for Foreign Trade and Development, Ministry of Foreign and European Affairs, and Ivo Milatić, State Secretary, Ministry of meetings come ahead of Prime Minister Narendra Modi's Europe visit to Croatia, Netherlands and Norway in May. With Croatia, the talks centered around taking forward the EU-India Free Trade Agreement (FTA) and enhancing bilateral trade cooperation. The 11th round of negotiations for the proposed FTA between India and EU begin a May 12 in New per the ministry, Barthwal mentioned the areas of collaboration between the two countries like Railways, Global Capability Centers, Electric Vehicles and IT, among others. The Croatian side apprised about their interest of investment in Defence sector (about flagship products of India), solar cells production, food processing technology, automobiles, knowledge sharing amongst other sectors, it said.
Deccan Herald
27-04-2025
- Business
- Deccan Herald
India, Netherlands discuss ways to boost trade, investments
Commerce Secretary Mr. Sunil Barthwal & Ambassador @ktuhinv met DG Foreign Economic Relations Mr. Michiel Sweers in The Hague to discuss strengthening 🇮🇳-🇳🇱 bilateral trade & economic ties. Discussions focused on enhancing collaboration through the Joint Trade & Investment…
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Business Standard
27-04-2025
- Business
- Business Standard
India, Netherlands discuss ways to strengthen trade, investments ties
India and European nation Netherlands have discussed ways to boost trade and investments ties during the visit of Commerce Secretary Sunil Barthwal to Hague. The visit assumes significance as India's exports to Netherlands are recording healthy growth despite global economic uncertainties. "Commerce Secretary Mr. Sunil Barthwal & Ambassador @ktuhinv met DG Foreign Economic Relations Mr. Michiel Sweers in The Hague to discuss strengthening bilateral trade and economic ties. Discussions focused on enhancing collaboration through the joint trade and investment committee (JTIC) and advancing strategic economic cooperation," the department of commerce said in a post on X. In 2024-25, India's exports to the Netherlands rose by 1.75 per cent to USD 22.76 billion as against USD 22.36 billion in 2023-24. The imports during the period stood at over USD 5 billion. During this visit, the commerce ministry's Joint Secretary Saket Kumar also met senior officials in Hague to discuss advancing cooperation in the startup and innovation ecosystem. "The meeting focused on fostering greater collaboration in entrepreneurship, tech exchange, space cooperation and scaling startup partnerships between the two countries," it said. Barthwal also visited Zagreb, Croatia and held a meeting with Zdenko Luci?, State-Secretary for Foreign Trade and Development at the Ministry of Foreign And European Affairs in Zagreb to further strengthen bilateral trade ties and explore investment opportunities. In 2024-25 (April-January), India's exports to Croatia stood at $270 million, while imports were $69.49 million.
Time of India
27-04-2025
- Business
- Time of India
India, Netherlands discuss ways to boost trade, investments
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India and European nation Netherlands have discussed ways to boost trade and investments ties during the visit of Commerce Secretary Sunil Barthwal to Hague. The visit assumes significance as India's exports to Netherlands are recording healthy growth despite global economic uncertainties."Commerce Secretary Mr. Sunil Barthwal & Ambassador @ktuhinv met DG Foreign Economic Relations Mr. Michiel Sweers in The Hague to discuss strengthening bilateral trade and economic ties. Discussions focused on enhancing collaboration through the joint trade and investment committee (JTIC) and advancing strategic economic cooperation," the department of commerce said in a post on 2024-25, India's exports to the Netherlands rose by 1.75 per cent to USD 22.76 billion as against USD 22.36 billion in 2023-24. The imports during the period stood at over USD 5 this visit, the commerce ministry's Joint Secretary Saket Kumar also met senior officials in Hague to discuss advancing cooperation in the startup and innovation ecosystem."The meeting focused on fostering greater collaboration in entrepreneurship, tech exchange, space cooperation and scaling startup partnerships between the two countries," it also visited Zagreb, Croatia and held a meeting with Zdenko LuciA , State-Secretary for Foreign Trade and Development at the Ministry of Foreign And European Affairs in Zagreb to further strengthen bilateral trade ties and explore investment 2024-25 (April-January), India's exports to Croatia stood at USD 270 million, while imports were USD 69.49 million.
Korea Herald
17-04-2025
- Business
- Korea Herald
S. Korea, Netherlands agree to boost cooperation in semiconductor supply chain
South Korea and the Netherlands have agreed to boost supply chain cooperation in semiconductors and critical minerals, including establishing an information-sharing system between their overseas missions, Seoul's foreign ministry said Thursday. The two countries reached the agreement during the bilateral economic dialogue, headed by Kim Hee-sang, deputy foreign minister for economic affairs, and Michiel Sweers, a Dutch vice minister, in The Hague on Wednesday, the ministry said. They agreed to push for the launch of an "early warning system" for semiconductor supply chains, under which the two countries will exchange information about the supply chain status of chips, critical minerals and other key materials on a regular basis. They also committed to working together in identifying potential risks in the semiconductor industry and make efforts to ensure a stable supply chain. During the trip, Kim signed a memorandum of understanding with the Hague Centre for Strategic Studies think tank for joint research in advanced technologies and other cooperation, the ministry said. (Yonhap)
