Saurabh Gupta | 22 Feb, 2012
Belgium offers huge opportunities for Indian exporters and acts as the access gate to Europe, said Ambassador of the Kingdom of Belgium Pierre Vaesen on Wednesday in New Delhi.

Addressing a seminar was organized by the Belgium Embassy in association with Federation of Indian Export Organisations (FIEO) and Belgian-Luxembourg Business Association (BLBA), he said "Belgium is located at the very centre of purchasing power in Europe, and acts as the access gate to Europe for Indian goods."   
 
He invited Indian companies looking to invest in Belgium, which is the fourth largest recepient of FDI, to make use of the new trade and opportunities as "the Broad-based Trade and Investment Agreement between India and the EU will be concluded by the end of this year."

Speaking at the event, FIEO Director General Ajay Sahai said EU is an important trading partner of India and as a region EU is one of India's largest trading partner in the world.   

Commenting on the ongoing trade talks between India and EU, he viewed that the FTA officially known as Broad Based Trade and Investment Agreement (BTIA) could be one of the world's largest Free Trade Agreement catering to 1.8 billion consumers.