Bilateral Trade Between India and Belgium
India and Belgium share robust trading relationships, positioning India as Belgium's second largest importer of goods and the fifth largest exporter. This dynamic trade partnership highlights the significant economic ties between the two nations, which have grown over the years due to complementary industries and mutual interests. In 2008, the Government of India acknowledged this partnership, underscoring the collaborative spirit shared by the two countries as "partners in a globalised world." Such a sentiment reflects the commitment of both nations to deepen their economic and diplomatic engagements.
The high-level visits between the nations further illustrate this growing relationship. Most notably, in November 2017, King Philippe and Queen Mathilde of Belgium undertook a week-long visit to India. This visit aimed to strengthen the ties not only in trade but also in cultural and academic exchanges. During their trip, discussions were held to explore opportunities for collaboration in various sectors, including technology, renewable energy, and education, thereby reinforcing the bonds between the Belgian monarchy and Indian officials.
One of the unique aspects of India and Belgium’s trade ties lies in the thriving diamond industry. Antwerp, often referred to as the "diamond capital of the world," hosts a significant community of Indian diamond merchants, particularly from regions like Gujarat and Rajasthan. These entrepreneurs have established a vibrant presence in the Belgian diamond market, facilitating the trade of various diamond cuts and jewelry. This not only enhances trade volume but also serves as a cultural bridge, bringing together the craftsmanship and entrepreneurial spirit of Indian artisans with Belgian expertise in diamond trading. The synergy between India’s rich tradition of diamond cutting and Antwerp's historic trading hub presents a compelling example of bilateral cooperation.
Overall, the relationship between India and Belgium extends beyond trade, encompassing cultural and human connections that continue to grow. As both countries navigate the complexities of a globalized economy, their partnership is poised to further evolve, fostering avenues for growth and collaboration across various sectors.
Diplomatic Missions
The diplomatic relationship between Belgium and India is underscored by a well-established network of missions that facilitate bilateral cooperation. The core of this diplomatic endeavor is the Belgian Embassy situated in New Delhi, which serves as the main point of contact for various diplomatic activities. Additionally, the Belgian government has expanded its presence in India through two Consulates-General located in major cities: Mumbai and Chennai. The Mumbai Consulate-General, strategically positioned in the bustling Bandra-Kurla Complex, plays a vital role in enhancing trade and cultural exchanges. Similarly, the Consulate-General in Chennai, located on Khader Nawaz Khan Road in Nungambakkam, serves as a critical link for initiatives in southern India.
Beyond the Consulates-General, Belgium has also established two Honorary Consulates in India located in Kolkata and Ahmedabad. The Kolkata Honorary Consulate can be found on Camac Street, known for its commercial vibrancy. The most recent addition to this network is the Honorary Consulate in GIFT City, Ahmedabad, which was inaugurated on April 26, 2017. This consulate is particularly significant as it marks Belgium as the first country to open a consulate at India's first International Financial Services Centre (IFSC), reflecting the growing importance of Ahmedabad in global financial landscapes.
On the Indian side, the Embassy of India is located in Brussels at Chaussee de Vleurgat 217, 1050 Brussels, Belgium. This embassy serves as a critical center for advancing India's interests in Belgium and the broader European Union. Additionally, India maintains honorary consulates in Antwerp, Belgium, and Capellen, Luxembourg, which contribute to strengthening India's diplomatic footprint in the region. These consulates play a significant role in promoting bilateral trade, cultural ties, and facilitating the movement of citizens between the two countries. Overall, the comprehensive network of diplomatic missions reflects the robust bilateral relations and commitment to fostering collaboration between Belgium and India across various sectors.