India is planning to establish a Green and Digital Corridor with the Port of Rotterdam in the Netherlands. This initiative aims to create a dedicated route for the export of green hydrogen and its carriers, such as ammonia and methanol, from India to Europe, utilizing the Port of Rotterdam as a key gateway, reports Marine Insight.
New Initiative
A new initiative is underway to establish Rotterdam as the primary entry point for Indian green fuels into the European market. This objective was a key topic of discussion during the visit of India’s Commerce Secretary, Sunil Barthwal, to the Netherlands, which took place from April 24th to 26th.
During his visit, Secretary Barthwal met with Boudewijn Siemons, the CEO of the Port of Rotterdam Authority. The purpose of this meeting was to strengthen the existing maritime and trade relationships between India and the Netherlands.
The discussions between the two parties covered several key areas of potential collaboration. These included exploring opportunities for joint work on digital port systems to enhance efficiency, promoting and adopting green shipping practices to reduce the environmental impact of maritime transport, and improving overall logistics chains. They also discussed the possibility of sharing expertise and technological advancements to support sustainable port development in both countries.
Green and Digital
The visit of India’s Commerce Secretary, Sunil Barthwal, to the Netherlands has reportedly laid the groundwork for the establishment of a Green and Digital Corridor. This corridor aims to connect Indian ports, such as the Deendayal Port Authority in Kandla, with the Port of Rotterdam, facilitating the flow of green fuels and digital trade processes.
During the same visit, Secretary Barthwal also held a meeting with Michiel Sweers, the Director General for Foreign Economic Relations at the Dutch Ministry of Foreign Affairs. Their discussions centered on various avenues to further enhance economic and trade relations between India and the Netherlands.
A key outcome of this meeting was the discussion around setting up a Joint Trade and Investment Committee (JTIC). The purpose of this committee would be to address any existing trade-related issues and to strengthen overall economic cooperation between the two nations.
Furthermore, Secretary Barthwal visited the headquarters of ASML and met with the company’s CEO, Christophe Fouquet. ASML is a globally recognized leader in photolithography systems, which are essential in the manufacturing of semiconductors. Their discussions focused on exploring ways to expand cooperation between India and the Netherlands in the crucial chip-making sector. India has expressed its ambition to develop into a global hub for semiconductor production and is looking to leverage ASML’s expertise in achieving this goal.
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Source: Marine Insight
