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
Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Next Story
Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Next Story
Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement