1 hr ago

India and Belgium Expand Trade, Defence, Technology Cooperation After Talks

India and Belgium Expand Trade, Defence, Technology Cooperation After Talks
India’s economic growth source of confidence for world: PM Modi · theprint.in

India and Belgium want to work more closely together.

They plan to cooperate on trade, defence, clean energy and advanced technology.

They also want to work together on important minerals and semiconductors.

India said its economy grew by 7.8 percent in the latest quarter mentioned.

Prime Minister Narendra Modi said this growth could create opportunities for other countries.

Belgium said an India-European Union free trade pact was an important achievement.

Both countries support solving conflicts through talks and diplomacy.

They also said they want to fight terrorism and improve reliable energy and supply chains.

Key facts

India's latest quarterly growth
7.8%, according to Prime Minister Narendra Modi.
Main cooperation areas
Trade, defence, critical minerals, clean energy and technologies.
Trade milestone
Belgium's prime minister described the conclusion of the India-European Union free trade pact as a major milestone.
Renewable energy
The countries signed a memorandum of understanding intended to advance sustainability cooperation.
Critical minerals
India and Belgium agreed to increase cooperation in processing and recycling.
Semiconductors
Modi said Belgium's expertise and India's scale are complementary.
Conflict resolution
Both countries support dialogue and diplomacy to help end conflicts in Ukraine and West Asia.

Quotes

Narendra Modi

Prime Minister of India

“Today, we agreed to enhance military exchanges and training cooperation between the two countries. The agreements between our governments and defence industries will open up new opportunities for defence co-development and co-production.”
m.rediff.com theprint.in
“In this challenging environment, India's economy has maintained its momentum. We recorded 7.8 per cent growth in the last quarter. Today, India's growth story is becoming a source of confidence and new opportunities for the world,”
m.rediff.com theprint.in NDTV

Sources

Related news