India, Netherlands formalize bilateral Fast-Track Mechanism between both countries

India, Netherlands formalize bilateral Fast-Track Mechanism between both countries

• India and the Netherlands have signed a joint statement to formalize the bilateral Fast-Track Mechanism between the two countries. The Joint statement aims to facilitate a platform for the Dutch companies operating in India, for faster resolution of investment cases.

• It is expected that the mechanism will strengthen and assist bilateral efforts to increase mutual investment activities, and also support and develop business cooperation between companies in both countries.

• Commerce and Industry Ministry said, the Netherlands is the fourth largest foreign direct investor in India.

• The cumulative flow of FDI from the Netherlands to India reached around 42.3 billion US dollars between April 2000 and June 2022.

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Published date : 28 Sep 2022 05:52PM