Friday, July 9, 2021

Explore setting up India hub at Antwerp Port

 CHENNAI:

Logistics service providers were urged to explore the idea of setting up “India hub at the Port of Antwerp” to enable Indian exporters make use of such a facility and emerge as reliable suppliers to their European customers.

This was suggested by Luc Arnouts, Vice President International Relations, Antwerp Port Authority during a virtual interaction titled “Translating the India-EU Trade enhancement and Connectivity plan into action” on Friday.

Arnouts highlighted how Antwerp Port can present itself as the nearshoring venue for centralized stocking and distribution point for Indian maritime cargo exported across Europe and the UK, against the background of its excellent connectivity to markets and ample warehousing at attractive rates.

The interaction was organised against the backdrop of the India-EU leaders meeting held on May 8, which was led by Prime Minister Narendra Modi  and  the  heads  of  EU  members  states  and  EU  representatives.

The  objective  behind  this  session  was  to share  insights  and  ideas  on strengthening trade between the India-EU corridor with the Port of Antwerp, Europe’s leading economic actor, having an active role to play, said president of Madras Chamber of Commerce Sriram Vats.

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