India’s Ambassador to the Netherlands, Kumar Tuhin, has said the India-European Union Free Trade Agreement (FTA) will significantly benefit the Netherlands by expanding trade and investment flows, highlighting the country’s position as a key European economic and logistics hub.
He said the visit aimed to strengthen economic, commercial and business relations, while conveying to Dutch leadership and industry representatives India’s economic growth trajectory and the structural complementarities between the two countries. Also, this is the fourth largest investment destination for the country,” he said. “So, as India-EU-FTA comes into play and the overall engagement with the EU expands and overall volume of trade investment expands, Netherlands will be a very beneficiary,” he said, adding that the potential benefits of the agreement were also highlighted during Goyal’s interactions with Dutch leadership.
“Even now, India and Netherlands has very strong trade and investment ties. Netherlands is India’s second largest trading partner in the EU. The ambassador’s remarks come amid India’s efforts to deepen economic engagement with European partners and leverage the proposed India-EU trade agreement to expand market access, investment and technological cooperation.
India and the Netherlands have been seeking to build on their strategic partnership through closer business engagement and stronger economic ties, with the India-EU FTA expected to provide further momentum to bilateral trade and investment.
