India, Netherlands Set Up Joint Trade And Investment Committee
The MoU provides for the creation of the Joint Trade and Investment Committee as a formal institutional mechanism for regular dialogue on trade and investment matters. The committee will review bilateral trade relations, promote two-way investments, address trade and investment barriers, and explore collaboration in sectors of mutual interest. Under the agreement, the JTIC will meet annually, with meetings held alternately in India and the Netherlands to ensure continuity and sustained engagement.
The committee will be co-chaired by the Additional Secretary in the Department of Commerce, Ministry of Commerce and Industry, Government of India, and the Director General for Foreign Economic Relations in the Ministry of Foreign Affairs of the Netherlands. It will comprise delegations from both sides, including government officials and other designated members. Its objectives include identifying and eliminating trade and investment barriers, developing facilitation measures in priority areas, promoting engagement between chambers of commerce and industry—particularly among micro, small and medium enterprises—and enhancing cooperation in sectors of mutual interest through private sector consultations, exchange of technical know-how and transfer of technological innovation, especially for small and micro enterprises.
The signing of the MoU reflects the shared commitment of India and the Netherlands to deepen their economic partnership, build resilient and diversified supply chains, and promote sustainable and inclusive growth. It also complements existing bilateral and multilateral engagements, reinforcing the strategic dimension of India–Netherlands relations. Both sides expressed confidence that the Joint Trade and Investment Committee will play a pivotal role in advancing mutually beneficial trade and investment outcomes.