Saturday, November 20, 2010

Indo-Netherlands Business Delegates Meet

The Chamber of Commerce of Limburg Province (Netherlands) and FAPCCI are jointly organized a Indo-Netherland business delegates meet on “Indo-Netherlands Trade” at Surana Udyog Auditorium, Red Hills, Hyderabad.

Mr.Arend Assink, Chamber of Commerce of Limburg Province (Netherlands) informed that Limburg is a Belgian province located in North-East Belgium within the border with the Netherlands and Germany. Limburg stretched away on almost 2 422 square kilometers and contains all the best possibilities for investors, tourists, visitors and people who are simply enjoying their life by living here in Limburg. Limburg represents unique and attractive region for doing business; after economical crisis in 1970s it becomes a place with dynamic growth of the Industry and Economy mostly caused by Small and Medium Enterprises which nowadays are the most important in the region. Various international companies are located in Limburg e.g. Ford, Essers, Ikea Distribution Benelux, Arcelor Mittal Stainless Belgium and Tessenderlo Chemie. The main industrial sectors are Automotive, Chemicals, Logistics and Distribution, Construction.

Mrs. Dreesen Cathérine, Voka-Chamber of Commerce Limburg (Belgium) stated that Voka has creatd the best possible environment for successful entrepreneurship, and contributing to the prosperity and well-being of this region in a fundamental way. Voka Chambers of Commerce Flanders has 17.500 member companies spread over 8 Chambers in Flanders.

Ms.Phaedra Veenendaal, Embassy of the Kingdom of the Netherlands mentioned that the Netherlands companies are looking to develop business relations particularly in shipping, cargo and T Shirt manufacturing, clothing, tiles and bricks, ceramic and bakery products. The Netherlands business companies are interested to work with South Indian Architects, Contractors, Importers, Distributors, and Wholesalers for their projects.

Earlier, welcoming the guests, Mr. Srinivas Ayyadevara, Chairman, International Trade Committee, FAPCCI stated that Netherlands is one of the most developed economies in the world and is commonly known as the ‘Gateway to Europe’. Trade relations between India and the Netherlands go back as long as 400 years. Netherlands is the 5th largest investor in India and has worked closely and effectively with India in multilateral trade and within the European Union. India, in turn, is also a strong supporter of the Netherlands, being one of the largest recipients of Indian investments abroad. India exports mineral fuels, oils, apparel, organic chemicals and fruits to Netherlands and the imports from Netherlands included; iron and steel, plastic articles and electrical machinery.

The meeting ended with vote of thanks proposed by Mr. C.V. Hariharan, Co-Chairman, International Trade Committee, FAPCCI.

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