Economic partnership is a key pillar of India-Netherlands bilateral ties: Kovind

President Ram Nath Kovind has said that economic partnership is a key pillar of India-Netherlands bilateral ties. Speaking at a banquet hosted at the Rashtrapati Bhawan in the honour of Dutch King Willem-Alexander and Queen Maxima, yesterday, President said, the Netherlands is India’s 4th largest trading partner in the European Union and it is also among the leading investors in India.

Mr Kovind said, Indian companies have made significant investment in Netherlands. He said that Dutch companies have a global name in the fields of agriculture, water management, port development, waste management and urban planning. President invited



Dutch companies to partner India in its growth story. He also appreciated Netherlands’ support for India's membership to the different Export Control Regimes and for its claim to a permanent seat in the UN Security Council.

 

The President said that India and the Netherlands share common concerns with regard to contemporary challenges, particularly climate action, cyber security and terrorism. He said that terrorism is among the gravest threats affecting the world today and both the countries must come together to develop a strong global response to defeat and destroy this evil.