Don’t miss the latest developments in business and finance.

Prime Minister Modi to boost economic relations with Netherlands

Image
ANI Hague [Netherlands]
Last Updated : Jun 19 2017 | 4:22 PM IST

Prime Minister Narendra Modi will visit the Netherlands on June 27, 2017 on a working visit. The visit assumes significance as India and the Netherlands are celebrating 70 years of the establishment of diplomatic relations this year. Netherlands Foreign Minister Bert Koenders visited India in May in preparation for the Prime Minister's visit.

In The Hague, Prime Minister Modi will meet the Dutch Prime Minister H.E. Mark Rutte and hold official talks with him. He is also expected to call on the King of the Netherlands, said Asha Antony, Second Secretary (Political and Information) in Indian Embassy at the Hague in a press release.

The last visit by a Prime Minister of India to the Netherlands was in 2004, when Dr. Manmohan Singh visited the Netherlands to participate in the 5th India-EU Summit. Prime Minister of the Netherlands H.E. Mr. Mark Rutte paid an official visit to India on 5-6 June 2015 accompanied by a large trade delegation.

Bilateral ties between the two countries are warm and friendly, anchored by strong economic and commercial relations. The visit is expected to significantly boost bilateral cooperation in all its aspects, especially trade, commerce and investment.

Modi's visit will boost economic relations with the Netherlands, which is the leading foreign investor in India.

"A large number of Dutch companies are active in India. A significant number of Indian companies are based in The Netherlands, so we look forward to boosting economic corporation and relations, bilateral trade and relations, and also cooperation in other areas too," External Affairs Ministry spokesperson Gopal Baglay said.

Also Read

First Published: Jun 19 2017 | 4:22 PM IST

Next Story