Business News | PM Modi Calls Netherlands 'gateway to Europe' for Indian Businesses Amid India-EU Trade Push

The Hague [Netherlands], May 16 (ANI): Prime Minister Narendra Modi on Saturday described the Netherlands as a "natural gateway" for Indian businesses entering Europe, saying the historic India-European Union trade agreement would further strengthen ties between the two countries.

Addressing the Indian diaspora during his visit to the Netherlands, Modi highlighted growing cooperation between the two countries in areas ranging from energy security and water management to green hydrogen.

Also Read | Will Uber, Ola and Rapido Stop Operating in Maharashtra? Here's What Government Said.

"From energy security to water security, the Netherlands and India are working together across several key areas. Our cooperation in green hydrogen is especially important," Modi said during the address.

The Prime Minister said the India-EU trade agreement would deepen bilateral partnership and create new opportunities for businesses and the Indian community living in Europe.

Also Read | Suvendu Adhikari Threat Email: Man Arrested for Sending Threatening Mail Targeting West Bengal CM.

"The historic trade agreement between India and the European Union will further strengthen the partnership between India and the Netherlands, and all of you [Indian diaspora in the Netherlands] will also benefit from it," he said.

Highlighting the Netherlands' strategic importance for Indian businesses, Modi said the country could serve as a key entry point for companies looking to expand across Europe.

"For Indian businesses, the Netherlands will become a natural gateway to enter Europe," the Prime Minister said.

Modi also underlined the role of the Indian diaspora in strengthening business and economic ties between India and Europe.

"Our diaspora can serve as a trusted bridge. The diaspora understands both India's ambitions and Europe's standards," he said.

According to Modi, stronger India-Netherlands cooperation and the evolving India-EU economic partnership would also create greater opportunities for Indians living in Europe to access high-quality Indian products.

"This will also create greater opportunities for Indians based here to access high-quality products from India," he added.

The Prime Minister is in the Netherlands in the second leg of his five-nation visit.

This is PM Modi's second visit to the Netherlands after his previous visit in 2017. The bilateral engagement spans diverse sectors, including defence, security, innovation, green hydrogen, semiconductors and a strategic partnership on water. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)