Business Daily from THE HINDU group of publications
Tuesday, Sep 05, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Foreign Trade
Netherlands pitches for increased trade ties

Our Bureau

Appoints counsellors for industrial affairs, science & technology


MS KARIEN VAN GENNIP, Netherland's Minister for Foreign Trade, being welcomed by Mr Rakesh Bakshi, Senior Member, FICCI and Managing Director, Vestas RRB India Ltd, at a meeting in the Capital on Monday. — Ramesh Sharma

New Delhi , Sep 4

In an effort to boost trade and investment relations with India, the Dutch Government is appointing a counsellor for industrial affairs in New Delhi and its embassy network is being strengthened through a Science and Technology Counsellor, said Ms Karien Van Gennip, the Netherlands' Minister for Foreign Trade.

Addressing a seminar on `India-The Netherlands: Connecting Innovative Gateways' organised by the industry chamber FICCI here on Monday, Ms Gennip said: "Indian companies have great ambitions and are increasingly finding their way to markets other than the US and the UK. More than 5,300 foreign companies have decided that the Netherlands is the best location from where to penetrate markets throughout Europe, West Asia, Africa and beyond." At a CII organised meeting earlier during the day, she said the achievements of the Indian IT and biotechnology sectors offered opportunities for co-operation and investments by Indian companies in the Netherlands.

Dutch investment

While speaking on the occasion, the Minister of State for Industry, Mr Ashwani Kumar, said that cumulative investment by the Netherlands in India since 1991 stood at $1.99 billion in the fields of telecommunications, services, trading, food processing and chemicals. "This makes the Netherlands the fifth largest investor in India," he said.

The CII and the Hague Chamber of Commerce and West Holland Foreign Investment Agency signed an MoU to boost the trade and economic links between the Netherlands and India.

More Stories on : Foreign Trade

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
SBI, Syndicate Bank revise NRE rates


Dumping duty on PHPG imports from Singapore to continue
Infrastructure sector clocks 9 pc growth in July
Call to showcase Mangalore's potential
NGOs, MPs call for wider talks on new EIA rules
Industrial pollution poses health hazard in Vizag
Biscuit makers seek cut in VAT
`Indo-Japanese bilateral trade below potential'
Netherlands pitches for increased trade ties
MAIT signs MoU with Japanese IT association
Oman keen on FTA with India
MMA-Indian American biz body tie up
Biocon arm Syngene, Swedish co to develop new diarrhoea drug
ONGC, Shell yet to agree on bid strategy for NELP-VI
AP invokes ESMA against petroleum strike
Tax sops for pharma R&D may be extended
Govt keen on reviving viable pharma PSUs
Power Ministry rejects Rs 5,400-cr incentive claims by States
CBEC puts recoverable indirect tax arrears at Rs 4,484 cr
Govt plans new coal royalty system
New Zealand education fair
MMA to organise students' convention
`Information literacy is the new goal'
Varsities need to be given functional autonomy: Kalam
Vietnam woos Indian paper mills for plantations
CII for hike in share application amount limit for retail investors
Bengal plans complex for Chinese investors at Haldia
`Indian Bank must support rural growth'
Knowledge and the Asian challenge
Oil PSU officers to go on strike from today
Meet on patent, trademark laws
Export price outlook bright for Indian cotton
Special credit plan for flood-hit in AP
Traditional beauty care business hots up


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line