Secretary of Commerce Sunil Barthwal with Zdenko Lucic, Secretary of State for Foreign Trade and Development in the Ministry of Foreign and European Affairs in Zagreb, on April 22, 2025, strengthening bilateral trade ties and exploring investment opportunities
In an effort to diversify their commercial associations and explore new markets, India has actively involved with Croatia and the Netherlands.
Secretary of Commerce Sunil Barthwal with Zdenko Lucic, Secretary of State for Commerce and Foreign Development of the Ministry of Foreign and European Affairs in Zagreb, on April 22, 2025, strengthening the bilateral bilateral ties of bilateral trade and exploring investment opportunities, a post -owned team “Opportunities” of the India and Croatia India in Croatia.
The Secretary of Commerce, Barthwal, also hero a meeting with the foreign economic relations of DG of the Netherlands, Michiel Sweers and discussed the ways to forge a strong bilateral commercial relationship and economic ties.
Secretary of Commerce Mr. Sunil Barthwal and Ambassador @Tuhinv with DG Foreign Economic Relations Mr. Michiel Sweers in The Hague to discuss the strengthening – bilateral trade and economic ties. The discussions focused on improving collaboration through the Joint Committee of Commerce and Investment (JIC) and advance in strategic economic cooperation, “India said in the Netherlands in the X Post.
In the midst of global commercial tensions and uncertainties, India is making an effort to diversify its commercial destinations worldwide. Indian officials and leaders because to capitalize on emerging markets such as Cratia in the midst of changing global economic dynamics. Croatia is also important for India because recently, the country re -elected President Zoran Milanovic. Duration on your visit, the Secretary of Commerce Barthwal also a meeting with key leaders of the industry.
The Netherlands is the 11th largest commercial partner in India in the world and the largest of the duration of the European Union for fiscal year 2013-24. The total merchandise trade with the Netherlands stood at $ 27,333 billion (₹ 226,360 million rupees) for the 2013-2024 fiscal year, which represents 2.45 percent of the total merchandise trade in India.
India has a commercial surplus or $ 17.40 billion (₹ 144,160 million rupees) with the Netherlands. For fiscal year 2024-25 (April-November), the Netherlands is the ninth merchandise commerce partner in India, with a total trade of $ 19.62 billion (₹ 164,407 million rupees) and a surplus of trade or $ 12,971 billion (₹ 108,545 cors). The Netherlands is the largest merchandise export destination in India in Europe and the third largest in the world (after the United States and EAU). In fiscal year 2023-2024, India exported $ 22,367 billion (₹ 185,260 million rupees) in goods to the Netherlands.
Posted on April 27, 2025