Very high’ expectations from India-EU FTA, says Rotterdam port chief

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The Economic Times daily newspaper is available online now. Read Today's Paper ‘Very high’ expectations from India-EU FTA, says Rotterdam port chiefET OnlineLast Updated: Oct 25, 2026, 08:34:00 PM ISTSynopsis

Boudewijn Siemons, CEO of the Port of Rotterdam, expressed high expectations for the India-EU free trade agreement. He highlighted the importance of collaboration between ports and nations to facilitate global trade. Siemons conveyed his optimism about increased business opportunities between Europe and India. Negotiations for the free trade agreement have concluded, with hopes to sign it by year-end. The implementation of the agreement is anticipated for next year.

The Port of Rotterdam’s Chief Executive Officer Boudewijn Siemons said he had “very high” expectations of the India-EU free trade agreement, adding that Europe was looking forward to doing more business with India, PTI reported on Sunday.

He said ports and countries must work together in a global economy, adding that these were among the topics he discussed with India’s Commerce and Industry Minister Piyush Goyal, who visited the port on Sunday.

"... making sure that the goods can flow more easily between India and Europe is something that we will be working on," he told reporters here at the port, as per PTI.

On his expectations from the free trade pact, he said: "I have very high expectations from the FTA, and I think with the developments in India going on, the potential is huge. And I think Europe is really looking forward to doing more and more business with India".

India and the 27-nation European Union in January announced that negotiations for the pact had concluded and the deal is expected to be signed by the end of this year and may be implemented next year.
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