+
India, Netherlands Set Up Joint Trade And Investment Committee
ECONOMY & POLICY

India, Netherlands Set Up Joint Trade And Investment Committee

India and the Netherlands have announced the establishment of the India–Netherlands Joint Trade and Investment Committee through a Memorandum of Understanding, marking a key step in strengthening bilateral trade, investment and economic cooperation. The agreement was signed between the Ministry of Commerce and Industry of the Republic of India and the Ministry of Foreign Affairs of the Kingdom of the Netherlands, and was formally announced during the visit of Dutch Foreign Minister David van Weel to India, alongside his bilateral meeting with External Affairs Minister Dr S Jaishankar.

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.

India and the Netherlands have announced the establishment of the India–Netherlands Joint Trade and Investment Committee through a Memorandum of Understanding, marking a key step in strengthening bilateral trade, investment and economic cooperation. The agreement was signed between the Ministry of Commerce and Industry of the Republic of India and the Ministry of Foreign Affairs of the Kingdom of the Netherlands, and was formally announced during the visit of Dutch Foreign Minister David van Weel to India, alongside his bilateral meeting with External Affairs Minister Dr S Jaishankar. 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.

Next Story
Infrastructure Transport

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Next Story
Infrastructure Transport

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Next Story
Infrastructure Urban

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App