India, Belgium Pledge to Double Bilateral Trade in Five Years, Expand Beyond Diamonds

During Belgian PM Bart De Wever's visit to India, PM Modi announced a goal to double bilateral trade within five years, expanding cooperation into defense, semiconductors, green energy, and critical raw materials. This marks a strategic diversification from the traditional diamond-centric trade relationship. The commitment signals deepening economic ties between a major Asian power and an EU member, with potential implications for supply chain diversification.