india-belgium

Deputy Prime Minister of Belgium visits India
Didier Reynders, the Belgian Deputy Prime Minister and minister of Foreign Affairs, Foreign Trade and European Affairs
visited India.
A pact was inked b/w Ministry of Railways, Government of India and the Ministry of Mobility of Kingdom of Belgium.

The Belgian Deputy Prime Minister and minister of Foreign Affairs, Foreign Trade and European Affairs Didier Reynders visited India from 1-5 August and 8-12 August 2012. During his visit, he discussed bilateral, regional and international issues of mutual interest.

Besides that, A MoU was signed between Ministry of Railways, Government of India and the Ministry of Mobility of Kingdom of Belgium on 2 August 2012.

India looks for Belgian investment in NMIZs
India looked for investments from Belgium in the National Manufacturing and Investments Zones (NMIZs) primarily in
the area of training and research.
NMIZs will be mega industrial zones with world class supporting infrastructure. The government is providing a number
of incentives like exemption from capital gains tax and relaxed labor and environment norms to encourage these
zones.
Both countries agreed to work in a targeted manner in the area of agro-processing, vocational training, advanced
engineering, manufacturing, health and life sciences.
India invited Belgium to have institutional linkages b/w Antwerp World Diamond Centre (AWDC) and the diamond
facilities in India, particularly in the areas of grading and sorting, R&D, certification, cutting and polishing.
With about 69.84% of the bilateral trade, the gems and jewellery is the dominating sector of trade b/w the two
countries.
In 2011, bilateral trade was at $17.75 billion.







Indian Railways inks MoU with Belgium for station development
Indian Railways inked an MoU with Belgium on bilateral co-operation for effective development and modernization of
railway sector of both the countries.
Railways have selected about 50 stations including New Delhi, Howrah, Mumbai, Patna, Bhubaneswar and Chennai for
transforming them into world class stations.
Railways will utilize Belgium expertise in modernization of railway stations involving commercialization of real estate
around stations. Railways have 30,000 hectares of land around various stations.