India and netherlands relationship

India–Netherlands relations - Wikipedia

india and netherlands relationship

Embassy of India The Hague India-Netherlands Bilateral Brief. General. Indo- Dutch contacts go back to more than years. Official relations, which were. He said that relations between India and the Netherlands are century old and the two countries will keep on moving towards stronger ties. Taking forward the Indo-Dutch diplomatic relations, both the countries signed 3 MoUs.

  • India and Netherlands sign 3 agreements: All about it
  • Netherlands, India Trade and Investment Ties Affirmed on Rutte Visit

There have been regular Ministerial level visits from both sides list of visits is attached at Annex. A number of Bilateral Agreements and MOUs have been concluded in diverse areas covering economic and commercial cooperation, culture, science and technology and education list is attached at Annex.

In terms of trade and investment, India has strong economic interests in the Netherlands, which, in the financial yearwas the fifth largest investor of FDI into India and the 28th largest trading partner globally and 6th largest trading partner in the EU.

Trade and investment cooperation is a key component of India-Netherlands relationship and has shown satisfactory growth.

india and netherlands relationship

However, there is a potential for further growth in the trade relations. The Netherlands is home to a number of multinational and other companies, many of which have their production sites and business operations in India. It is also a source of useful technical know-how, besides FDI, in a variety of sectors — water management, upgrading of ports and airports, dredging, agro-processing, telecommunication, energy, oil refining, chemicals, and financial services.

Presently, there are Indian companies based in the Netherlands, attracted by the Dutch tax system which is transparent, stable and flexible. This will give an additional impetus to the Indo-Dutch economic-commercial ties. As per trade figures for the yearThe main items of Indian Exports to the Netherlands were: The main items of Dutch Exports to India were metalliferrous ores and metal scrap, plastics, and general industrial machinery.

Tourism flows are strong and have received new impetus due to improvement in ease-of-travel and connectivity. Jet Airways had launched daily non-stop flights to and from Amsterdam, one each from its home hubs in Mumbai and New Delhi as well as one from Toronto in Canada w. Jet Airways started daily non-stop flights between Bengaluru and Amsterdam with effect from 29 October Culture and Education In Maya Cultural Agreement was signed between the two countries, which provides for cooperation and exchanges in education and science, art and culture.

india and netherlands relationship

The Centre promotes Indian culture through its active calendar of programmes including regular Yoga, Table and for the first time, Hindi classes. In addition to this, the Centre organizes a wide range of diverse cultural activities and programmes, such as music, dance, workshops, movies, documentaries, lectures, celebrations of Indian festivals.

india and netherlands relationship

It also partners with other local Dutch cultural organizations to promote Indian culture. The event saw the enthusiastic participation of nearly people including members of the diplomatic corps, Dutch, Surinami-Hindustani and Indian communities. The bilateral relations in the cultural field received a major impetus through the highly successful Festival of India, commemorating 70 years of diplomatic relations between India and the Netherlands organized in the Netherlands during first quarter ofin collaboration with diaspora organizations.

The Festival, which showcased India dance, music and art through performances by half a dozen troupes from India has been received well by both the local Dutch and the diaspora community. In the second half of the eighteenth century the Dutch lost their influence more and more.

The Kew Letters relinquished all Dutch colonies to the British, to prevent them from being overrun by the French. Under the terms of the treaty, all transfers of property and establishments were to take place on 1 March By the middle oftherefore, the Dutch had lost their last trading posts in India. Nevertheless, remains of the Dutch period can be found from Surat to Kolkata as well as in other parts of India. In MayPrime Minister Mark Rutte arrived in New Delhi for a 2 day official visit with various ministers from his cabinet to discuss about various issues [3].

india and netherlands relationship

India has developed into a rapidly expanding economy, focused on technological development and technical and scientific cooperation. Despite the continuing economic crisis in the Euro Zone and slow growth of Dutch economy itself, bilateral trade between India and Netherlands continued to gather momentum.

india and netherlands relationship

Trade and investment cooperation a key component of India—Netherlands relationship has shown satisfactory growth over the years. Two way trade continue to grow steadily, reaching Euro 5. During first seven months of ,Indian exports increased by 9. Netherlands remains among the top 10 partners of India in terms of trade volume with positive balance of trade in favour of India.

There have been major acquisitions and mergers by Indian companies including that of Tata Corus now Tata SteelApollo-Vredesteinacquisition of Theodoor Gilissen by Hinduja Group and many Indian companies and exploring the possibilities for further tie-ups.

Embassy of India, The Hague, The Netherlands : India Netherlands Relations

The proposal for opening a branch of State Bank of India in Amsterdam is also under way. Dutch SMEs with niche technologies and world class expertise are also actively looking at the Indian market. Similarly, several Indian major IT companies have established their presence in Netherlands.

India🇮🇳to Netherlands🇳🇱 LDR-Long Distance Relationship🇮🇳💓🇳🇱 - Meeting For The First Time- Part-4

India, Netherlands hold talks to ramp up ties External Affairs Minister Sushma Swaraj held wide-ranging talks with her Dutch counterpart Bert Koenders on stepping up bilateral engagement in a range of areas, including trade and investment, water, and education.

Swaraj and Koenders deliberated on the entire gamut of bilateral issues and agreed to take initiatives to strengthen ties in a number of sectors.

India–Netherlands relations

Relations between India and the Netherlands have largely been shaped by engagement in trade and investment. Dutch ships had come calling to Indian ports around years ago. He arrived in Delhi last evening.

Focusing on trade, technology and investment, Modi interacted with CEOs of major Dutch companies after holding bilateral talks with his Dutch counterpart Mark Rutte. The two countries signed three MoUs in the fields of social security, water cooperation and cultural cooperation.

Netherlands is India’s natural partner: Narendra Modi

During his interaction with top Dutch CEOs, Modi said the reforms introduced by his government seek to enhance ease of doing business and bring standards at par with global standards. The prime minister, who is here on the final leg of his three-nation tour, said India has made 7, reforms for attracting FDI in various sectors including real estate and defence.

He said India is a "land of opportunities" with over 7 per cent growth rate and 1. Irrigation and water conservation are the areas where the two countries can boost cooperation, he said.