1 hr ago
Belgian Minister Urges India, Belgium To Cut Red Tape
Belgium and India want to build stronger business relationships.
Belgian Foreign Trade Minister Theo Francken said complicated rules can make business harder.
He wants both countries to reduce red tape and simplify regulations.
This could create more opportunities for companies and investors.
Francken also said defence cooperation could be an important area.
He spoke at a business event organized with the Confederation of Indian Industry.
Belgian Prime Minister Bart De Wever said fair trade can help create peace and prosperity.
The event included business leaders and other international partners.
Belgian Foreign Trade Minister Theo Francken highlighted the potential for stronger India-Belgium economic ties.
Francken called for less bureaucracy, simpler regulations and more business opportunities.
He said India and Belgium could focus on defence cooperation.
He made the remarks during a Confederation of Indian Industry event in New Delhi.
Belgian Prime Minister Bart De Wever said free and fair trade brings peace, progress and prosperity.
- Who
- Belgian Foreign Trade Minister Theo Francken, Prime Minister Bart De Wever, the Confederation of Indian Industry and business participants.
- What
- Officials and business representatives discussed expanding India-Belgium trade, investment and defence cooperation while reducing bureaucracy.
- Where
- New Delhi, India.
- When
- During an exclusive interaction and business event; no date is specified.
- Why
- To identify ways to increase business and investment opportunities between India and Belgium.
Key facts
- Main speaker
- Theo Francken, Belgian Foreign Trade Minister
- Other official quoted
- Bart De Wever, Prime Minister of Belgium
- Countries involved
- India and Belgium
- Key recommendation
- Cut red tape and simplify regulations
- Potential cooperation area
- Defence cooperation
- Event organizer
- Confederation of Indian Industry and the Embassy of the Kingdom of Belgium
- Trade message
- Bart De Wever said free and fair trade brings peace, progress and prosperity
Quotes
Bart De Wever
Prime Minister of the Kingdom of Belgium
“Free and Fair Trade brings peace, progress, and prosperity”
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