The two leaders held wide-ranging discussions and
agreed to double bilateral trade over the next five years. India-Belgium
trade currently stands at around USD 13 billion, with bilateral trade
reaching USD 13.01 billion in 2025-26. Five agreements were signed during the
visit, including pacts covering defence cooperation and renewable energy. An Investment Fast-Track Mechanism will
also be established to facilitate and promote Belgian investments in
India. Defence emerged as a key pillar
of the renewed partnership. In addition to the government-level defence
agreement, 10 agreements involving
Indian and Belgian defence companies were concluded on the sidelines of
the leaders’ meeting. The agreements are expected to open opportunities for
joint development and production of military equipment in India using Belgian
technology, including rocket systems. India has also decided to appoint a resident defence attaché at its embassy in
Brussels, reflecting the growing strategic dimension of bilateral
defence ties. “Today, we agreed to
enhance military exchanges and training cooperation between the two countries.
The agreements between our governments and defence industries will open up new
opportunities for defence co-development and co-production,” Modi said. The two sides also agreed to strengthen
intelligence sharing and cooperation between their agencies in combating
transnational crime and terrorism. A separate MoU between India’s Central Bureau of Investigation (CBI)
and the Belgian Federal Police
will facilitate cooperation against transnational organised crime, cybercrime
and related offences.
Both leaders stressed the importance of expanding
commercial ties and called for the timely implementation of the
India-European Union Free Trade Agreement to unlock greater opportunities
for trade and investment.
De Wever described
the conclusion of the India-EU trade pact as a major milestone, saying Belgium
wants to take its relationship with India to “another level — economically,
politically, but also strategically.” Belgium is already an important economic
partner for India in Europe. The country’s role as a global diamond trading
centre, particularly through Antwerp, makes diamond trade a significant
component of bilateral commerce. Belgian FDI into India stood at approximately USD 4.2 billion between April 2000 and
December 2025.
The two countries identified critical minerals,
high technologies, semiconductors and renewable energy as priority areas
for future cooperation. India and Belgium agreed to deepen
collaboration in the processing and recycling of critical minerals. In
semiconductors, Modi said Belgian technological expertise and India’s
manufacturing scale could complement each other. An MoU on renewable energy is expected to
provide fresh momentum to cooperation in clean energy and sustainability.
Belgian company John Cockerill
is already developing an electrolyser manufacturing facility in Kakinada,
Andhra Pradesh, with an expected capacity of 2 GW, highlighting the potential
for further Belgian investment in India’s clean-energy ecosystem.
The two countries also see significant potential for
cooperation in the maritime and logistics sectors.
Belgium’s position as a major European maritime and
logistics hub, centred around its ports and extensive hinterland connectivity,
offers opportunities for collaboration with India’s expanding port, shipping
and multimodal logistics ecosystem.
Modi said the two countries had agreed to strengthen capacity
building in the maritime sector, alongside expanding links between
start-ups, universities and research institutions.
With both countries seeking more resilient and
reliable supply chains, cooperation between Indian and Belgian ports, logistics
companies, technology providers and maritime institutions could become an
important component of the emerging partnership. The
two prime ministers also discussed the conflicts in Ukraine and West Asia, calling for their resolution through
dialogue and diplomacy in accordance with the UN Charter and international law.
India and Belgium reiterated their commitment to combating terrorism in all its
forms. Belgium also reaffirmed its
support for India’s candidature for
permanent membership of a reformed and expanded UN Security Council. In the defence context, Belgium is
understood to have conveyed that it will not supply critical military hardware
to Pakistan.
The latest
agreements build on the establishment of a ministerial-level India-Belgium strategic dialogue in July. The
inaugural dialogue was held in Brussels on July 15 and was co-chaired by
External Affairs Minister S. Jaishankar and Belgian Deputy Prime Minister
Maxime Prevot. The new institutional mechanism is expected to provide a
structured platform for advancing bilateral economic, technological, security and
strategic cooperation. India and
Belgium have maintained diplomatic relations since September 1947 and share
more than three centuries of historical ties. The Belgian Economic Mission led
by Princess Astrid to India in March last year resulted in around 40
agreements, providing further momentum to bilateral commercial engagement.
With defence,
trade, investment, clean energy, critical minerals, technology and maritime
connectivity now emerging as key areas, the latest India-Belgium engagement
signals an effort by both countries to build a deeper and more strategically
diversified partnership.