Netherlands: India, Netherlands launch strategic partnership on water & fast-track mechanism to promote trade

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India and the Netherlands on Friday launched a strategic partnership on water, agreed to alleviate the joint working group on water to ministerial degree and broaden bilateral cooperation in new areas of water. The two sides additionally determined to arrange fast-track mechanism to promote bilateral trade.

Briefing the press after the India-Netherlands digital summit, Sandeep Chakraborty, MEA Joint Secretary (Europe West) mentioned, “The highlight of the summit today was its focus on water. As you know, the Dutch are the world leaders in water management. One-fourth of their area is under sea level. They have successfully overcome the water-related challenges and have tested technologies, solutions in delta management, flood control, desalination of soil and more.”

He knowledgeable that the India and Netherlands have robust cooperation within the water sector, including that each leaders intensified the continued cooperation in water and to deliver better coherence within the sector.

“The two leaders launched a strategic partnership on water. To start with, they agreed to alleviate the joint working group on water to the ministerial level. They also discussed to broaden bilateral cooperation in new areas of water, including water budgeting, cost-effective, decentralised treatment technologies, converting wastewater to energy, and more,” he added.

Pointing out that water safety was a excessive precedence for India, Chakraborty talked about that the Centre is focusing on selling water effectivity and its high quality and security by flagship schemes and initiatives, just like the PM Kisan Sanchar Yojana, Har Khet ko Paani, Namame Ganga mission and the Jal Jeevan Shakti.

Referring to the Summit, Chakraborty mentioned, “India and Netherlands have long-standing warm and friendly relations based on shared values of democracy, rule of law, respectful human rights and historic bonds of friendship. Both leaders reaffirmed the commitment to further strengthen the bilateral ties in particular sectors of trade and investment, water management, agricultural, food processing, smart cities and urban mobility and more.”

He additionally knowledgeable that so as to facilitate bilateral trade and resolve problems with Dutch and Indian corporations, either side introduced the establishing of a fast-tracking mechanism between the 2 international locations.

“For Dutch corporations and buyers in India, will probably be arrange within the Department for Promotion of Industry and Internal Trade (DPIIT) and for Indian corporations within the Netherlands, the Netherlandsforeign funding companies can be accountable.”

Prime Minister Narendra Modi on the summit mentioned that within the post-COVID world, new alternatives can be created the place like-minded international locations like India and Netherlands can construct bilateral relations.

“I have complete faith that in the post-COVID world, some new opportunities will come to the fore, where like-minded countries like ours can build bilateral cooperation,” he added.

The PM’s Dutch counterpart Mark Rutte lauded India’s efforts in supporting Dutch buyers through the pandemic, saying that the nation’s power, creativity, hospitality are the ultimate.

“Your support helped support the continuation of trade between our countries even in those difficult times. We even appreciated the air bubble which was an agreement between our two countries and this enabled our national carrier to bring many Dutch and EU citizens back to Europe and return Indian citizens to India including many coming from Latin America,” he mentioned.

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