期刊名称：Arabian Journal of Business and Management Review
电子版ISSN：2223-5833
出版年度：2012
卷号：1
期号：7
出版社：Sohar University, Oman and American University of Kuwait
摘要：Indo-Belgian relations trace back to 1948 when India established diplomatic relations with Belgium.Backed by a sustainedrelationship which has been christened by a host of agreements effected by the two countriesover the last six decades, Indo-Belgian trade relations are set to braceto new horizons. WithBelgium being the second largest trading partner after Germany in the EU, the trade between the two countries has crossed 10 Billion Euros in 2010. However, there has been a serious concern felt by both sides. The trade between the countries has been hovering around a single commodity group i.e., Gems and Jewelry. Both countries, of late, have realized theimportance of diversifying the trade beyond diamonds into other domains identified by both the countries.There have been serious effortsculminatinginto policy implications to take the trade into new and emerging areas of mutual interest.While Belgium business interests cover ports, construction, banking and finance, chemicals and fertilizers and solar energy, India would like tofurther make widespread baseof its traditional existingexport basket withmore ventureinto IT and IT enabled products. The present paper traces out the trading relations between the two countries takinginto account the historical data of various commodity groups. It further tries to build a prognosis about thefuture trade directions and would look into the efforts of the two countries towards diversifying its trade beyond diamonds
