India and the Netherlands have established a Joint Trade and Investment Committee (JTIC) to bolster economic cooperation. The announcement was made on December 19, 2025, during Dutch Foreign Minister David van Weel's visit to India and his meeting with Indian External Affairs Minister Dr. S Jaishankar.
The establishment of the JTIC is formalized through a Memorandum of Understanding (MoU) between the Ministry of Commerce and Industry of India and the Ministry of Foreign Affairs of the Netherlands. This committee will serve as a dedicated platform to strengthen trade relations, promote investments, address existing barriers, and explore collaborative opportunities in various sectors.
The JTIC will function as an institutional framework for regular dialogue and cooperation on trade and investment matters. The committee is tasked with: * Reviewing bilateral trade relations. * Promoting two-way investments between India and the Netherlands. * Identifying and eliminating trade and investment barriers. * Exploring collaboration in sectors of mutual interest. * Identifying trade and investment facilitation measures, especially in key areas of cooperation. * Promoting interaction between Chambers of Commerce and Industry of both countries, with a special focus on Micro, Small, and Medium Enterprises (MSMEs).
The JTIC will hold annual meetings, alternating between India and the Netherlands, to ensure continuous engagement at the institutional level. The committee will be co-chaired by the Additional Secretary, Department of Commerce, Ministry of Commerce and Industry of India, and the Director General (Foreign Economic Relations), Ministry of Foreign Affairs of the Netherlands. Delegations from both countries, comprising government officials and other designated members, will participate in the meetings.
The India-Netherlands partnership extends to various sectors, including agriculture, health, port and shipping, science and technology, higher education, and urban development. Both nations are also focusing on strategic partnerships in water management, with the Netherlands being a pioneer in the field.
In April 2025, discussions were held to enhance collaboration through the JTIC and advance strategic economic cooperation. The Netherlands has emerged as India's third-largest export destination, following the US and UAE, as of 2023-24. Furthermore, the Netherlands is the fourth-largest destination for Overseas Direct Investment (ODI) by Indian companies, with over 300 Indian companies having a presence in the Netherlands.
Cumulative FDI inflows from the Netherlands to India reached US$ 53.30 billion between April 2000 and March 2025. In fiscal year 2025, the total merchandise trade with the Netherlands amounted to USD 22.761 billion.
In April 2025, India and the Netherlands were also looking to finalize an agreement for cooperation in chips and critical technologies, focusing on both trade and research.
A bilateral Fast-Track Mechanism (FTM) was established between India and the Netherlands on September 27, 2022, to facilitate investments by Dutch companies in India.
