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Belgian Prime Minister Arrives in Mumbai to Deepen India Ties
Belgian Prime Minister Bart De Wever visited India to strengthen cooperation between the two countries.
He arrived in Mumbai on September 4 after meetings in New Delhi.
In Mumbai, he planned to meet people working in diamonds, ports and logistics.
These industries are important parts of trade and transportation.
India and Belgium said they want to work more closely in trade, technology and talent.
They want to double their trade within five years.
The countries also agreed to cooperate more in defence, renewable energy, security and investment.
New agreements will help Belgian companies invest in India and encourage regular meetings between businesses.
Belgian Prime Minister Bart De Wever arrived in Mumbai on September 4 during a three-day official visit to India.
De Wever is scheduled to meet stakeholders from Mumbai’s diamond, ports and logistics sectors.
India and Belgium agreed to focus their partnership on trade, technology and talent.
The two countries set a goal of doubling bilateral trade, currently valued at about USD 13 billion, within five years.
India and Belgium announced defence-cooperation agreements and plans for an investment fast-track mechanism and regular business engagement.
- Who
- Belgian Prime Minister Bart De Wever and Indian Prime Minister Narendra Modi, along with officials and business stakeholders from both countries.
- What
- A Belgian prime ministerial visit focused on strengthening India-Belgium economic, defence, technology and connectivity cooperation.
- Where
- The visit included New Delhi and Mumbai, Maharashtra, India.
- When
- De Wever arrived in India on September 2 and reached Mumbai on September 4 during a three-day visit.
- Why
- To deepen bilateral ties, particularly in trade, investment, diamonds, ports, logistics, defence, technology and connectivity.
Key facts
- Bilateral trade
- About USD 13 billion currently.
- Trade target
- India and Belgium aim to double bilateral trade within five years.
- Mumbai engagements
- Diamond, ports and logistics sectors.
- Partnership focus
- Trade, technology and talent.
- Defence cooperation
- The countries signed a Letter of Intent on Defence Cooperation and an MoU involving their defence-industry associations.
- Investment mechanism
- They agreed to establish a fast-track mechanism to facilitate Belgian investments in India.
- Business engagement
- The two sides plan to institutionalise regular engagement through the India-Belgium Business Forum.
Quotes
Bart De Wever
Prime Minister of Belgium visiting Mumbai
“You may know, before I became Prime Minister, I was of course Mayor of Antwerp for 12 years, so it is a genuine privilege to be here at the Barrett Diamond Bourse, which I have heard so much about. Now I see it with…”
freepressjournal.in
Sibi George
India’s Ministry of External Affairs Secretary (West)
“In a nutshell, there is a clear focus on three Ts: Trade, Technology and Talent in this relationship”
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Sources
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