Mumbai:
India and Belgium will sign a social security agreement
during the state visit of Belgian prime minister Guy Verhofstadt
to India next week. This is the first official visit of
the Belgian prime minister to this country.
The
agreement will ensure attractive social security benefits
and smooth visa procedures to Indians migrating to that
country. Belgium expects the social security agreement
to bolster Indian investment in Belgium.
The
Belgian premier has a power-packed agenda during his five-day
visit to India, commencing November 2.
Verhofstadt
will sign a memorandum of understanding in the field of
science and technology as well as an agreement with the
Indian Institute of Science
Belgium
with its formidable diamond trade has a large presence
of Indian business community. Indians operate 60 per cent
of the diamond trade in the Belgian port city of Antwerp.
This
is the first social security agreement that India is signing
with another country. This will eventually serve as a
model for similar agreements with other countries.
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