India and Belgium discussed developments in the global diamond trade and the longstanding commercial relationship between their respective industries during an interaction in Brussels on October 30.
Commerce Secretary Rajesh Agrawal held an informal meeting with representatives of the diamond industry at the Embassy of India in Brussels, according to a post by the Department of Commerce on social media platform X.
The discussion covered developments in international diamond markets and emerging trends shaping the sector. Agrawal also highlighted the established linkages between India and Belgium across the diamond value chain.
The interaction provided an opportunity for government representatives and industry stakeholders to exchange perspectives on changing market dynamics and developments in global trade.
India and Belgium share longstanding commercial connections in the diamond sector, with both markets forming part of the international diamond value chain. The engagement underscored the continued importance of industry-level dialogue in understanding market developments and maintaining bilateral commercial relationships.
The Department of Commerce did not announce any specific policy measures, trade agreements or investment commitments arising from the meeting.