India-Netherlands Partnership Paves Way for Green Hydrogen Export to Europe
Key Ideas
- Commerce Secretary Barthwal's visit to the Netherlands sets the foundation for a Green and Digital Corridor between Port of Rotterdam and Indian ports for exporting green hydrogen to Europe.
- Discussions with Port of Rotterdam CEO covered areas like digitalization, green shipping, and logistics optimization to enhance bilateral trade.
- The visit also included talks with ASML to deepen India-Netherlands cooperation in the semiconductor industry and support India's aim to become a global manufacturing hub.
- Meetings in Croatia focused on progress for the free trade agreement between India and the European Union.
The visit of Commerce Secretary Sunil Barthwal to the Netherlands has paved the way for significant developments in the trade relationship between India and the Netherlands, particularly in the field of green hydrogen export to Europe. Discussions with the Port of Rotterdam authority focused on establishing a Green and Digital Corridor to facilitate the export of green hydrogen and carriers like Ammonia and Methanol from Indian ports to Europe. This initiative aligns with India's Maritime Vision 2030 and aims to enhance port capacity and logistics efficiency. The visit also included discussions on knowledge sharing, technology transfer, and sustainable port management practices to boost bilateral trade. Additionally, meetings with ASML emphasized leveraging the company's expertise in the semiconductor industry to support India's aspirations of becoming a global manufacturing hub. The visit to Croatia furthered talks on the proposed free trade agreement between India and the European Union. Overall, the engagements during the visit underscored the commitment to enhancing trade cooperation, port management, technology transfer, and sustainable practices between India, the Netherlands, and Croatia.
Topics
India
Sustainable Practices
Semiconductor Industry
Technology Transfer
Bilateral Ties
Trade Cooperation
Port Management
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