India-Belgium: Boosting Trade and Strategic Investments

On 2nd May 2025, India’s Commerce Minister met Belgian leaders in Brussels to strengthen bilateral trade, industrial ties, and cooperation in key sectors.

Key Points

Strategic Focus: Discussions centred on semiconductors, clean energy, defence production, and pharmaceuticals.
FTA Talks Reviewed: Both nations assessed progress on the EU-India Free Trade Agreement and emphasized resolving tariff and non-tariff barriers.
Strong Trade Ties: Belgium is India’s 5th-largest EU trade partner with $15.07 billion in bilateral trade in 2023–24.
Rising Investments: Belgian FDI into India reached $3.94 billion since 2000, with a 39% increase in the past year.