Indian Economy News

Union Minister of State for Commerce & Industry Mr. Jitin Prasada Concludes Official Visit to the Czech Republic to Strengthen Bilateral Economic Cooperation

On April 23, 2026, Union Minister of State for Commerce and Industry Mr. Jitin Prasada, concluded his official visit to the Czech Republic, reinforcing India’s commitment to strengthening strategic and economic ties with key European partners. The visit, held from April 22-23, 2026, focused on enhancing bilateral trade, investment, and innovation linkages. During the visit, high-level bilateral meetings were held with Czech leadership, including Deputy Prime Minister Mr. Karel Havlíček and Deputy Minister of Industry and Trade Mr. Jan Sechter, to review progress in economic cooperation and identify new opportunities across priority sectors.

A key highlight of the visit was co-chairing the 13th session of the India-Czech Republic Joint Commission for Economic Cooperation (JCEC) in Prague on April 23, 2026, where both sides reviewed the full spectrum of bilateral economic relations and signed the JCEC protocol to advance collaboration in emerging sectors. Additionally, the statement noted that the India-Czech Business Forum was inaugurated, engaging with industry leaders to strengthen business-to-business ties and promote investment opportunities. Additionally, visits to leading Czech industrial and technology institutions, including advanced research centres in artificial intelligence, robotics and laser science, underscored the growing focus on innovation-driven partnerships. The visit reflects strong political will and shared economic aspirations, aimed at fostering industrial transformation, deeper collaboration in sectors such as automotive and advanced engineering and building robust, long-term economic partnerships between India and Europe.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.