Current Affairs - International - Discussion

India and the Netherlands have signed a Memorandum of Understanding to establish a Joint Trade and Investment Committee (JTIC) as a structured institutional mechanism for enhancing economic cooperation. The committee is designed to promote bilateral trade, encourage two-way investments, and systematically address trade and regulatory barriers faced by businesses. It will meet annually, with sessions held alternately in both countries, ensuring continuity and balanced engagement. The JTIC also aims to explore cooperation in emerging and strategic sectors, supporting innovation, sustainability, and long-term growth while reinforcing the Netherlands’ role as a key European gateway for Indian trade and investment.