10 Mar 2025
Around 15 of the global top 30 semiconductor makers in terms of revenue are in Ireland.
During the Indian External Affairs Minister, S Jaishankar’s two-day visit to Ireland, the two countries agreed to establish a Joint Economic Commission (JEC) to coordinate on trade and global economic issues like the World Trade Organisation.
This was the first visit by an Indian external affairs minister to Ireland and the first high-level visit after Prime Minister Narendra Modi visited Ireland in 2015.
The formal agreement will be signed this year. The JEC senior officials will meet once every two years to strengthen bilateral ties and promote collaboration in AI, cybersecurity, fintech, and semiconductors.
Also, S Jaishankar inaugurated new Consulate Generals of India in Belfast and Manchester on March 7th and 8th.
The EU’s College of Commissioners led by Ursula von der Leyen, the European Commission President, visited India on February 27-28. During the meeting, India and Ireland decided to finalise the Bilateral Trade Agreement (BTA) by this year-end.
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