Jitin Prasada Concludes Czech Visit, Boosts Trade and Investment Ties

Minister of State Jitin Prasada concluded a two-day visit to the Czech Republic focused on strengthening trade and investment ties. He co-chaired the 13th India-Czech Joint Commission for Economic Cooperation and inaugurated the India-Czech Business Forum. The visit included meetings with Czech Deputy PM Karel Havlicek and tours of Skoda facilities and advanced tech research centers. Both sides reviewed economic cooperation and identified new opportunities in AI, robotics, and the automobile sector.

Key Points: Jitin Prasada Czech Visit: Trade & Investment Push

  • Bilateral meetings with Czech Deputy PM and ministers
  • 13th India-Czech Joint Commission co-chaired
  • India-Czech Business Forum inaugurated
  • Visited Skoda, AI and laser research facilities
2 min read

Jitin Prasada concludes Czech visit, pushes trade and investment ties

Jitin Prasada concludes Czech visit, co-chairs Joint Commission, inaugurates Business Forum, and explores AI, robotics, and auto sector collaboration.

"The visit reflected growing economic convergence between India and the Czech Republic - Union Government"

New Delhi, April 23

The Minister of State for Commerce and Industry, Jitin Prasada, concluded his official visit to the Czech Republic on Thursday, aimed at strengthening bilateral trade, investment and industrial cooperation between the two countries.

During the visit, the MoS held bilateral meetings with senior Czech leaders, including Deputy Prime Minister and Minister of Industry and Trade Karel Havlicek, his deputy Jan Sechter; and Deputy Foreign Minister Marie Chatardova.

The visit that was held between April 22 and April 23 at the invitation of the Czech government underscored India's commitment to deepening economic and strategic engagement with key European partners.

Moreover, the discussions focused on reviewing progress in economic cooperation and identifying new opportunities across priority sectors.

Union Minister Prasada has also co-chaired the 13th session of the India-Czech Republic Joint Commission for Economic Cooperation with Jan Sechter in Prague, where both sides reviewed the full spectrum of bilateral economic ties and explored collaboration in emerging areas.

The protocol of the meeting was signed during the session, according to the Union government.

On the sidelines, Jitin Prasada inaugurated the India-Czech Business Forum and interacted with leading Czech industry representatives to promote trade and investment opportunities, while strengthening business-to-business linkages.

As part of the visit, he toured key industrial and technology facilities, including Skoda Transportation in Plzen, and held discussions with representatives of Skoda Auto, encouraging further investment in India's automobile sector.

He also visited research institutions such as the Czech Institute of Informatics, Robotics and Cybernetics in Prague and the ELI Beamlines facility in Dolni Brezany, focusing on collaboration in advanced technologies, including artificial intelligence, robotics and laser science.

According to the Union government, the visit has reflected growing economic convergence between India and the Czech Republic, with both sides seeking to translate political intent into stronger trade, investment and innovation partnerships.

- IANS

Share this article:

Reader Comments

P
Priya S
Finally some concrete steps beyond just photo ops! Visiting Skoda facilities and research institutes is the right approach. But I hope our government also focuses on supporting Indian MSMEs to benefit from such tie-ups. We can't just be a market for their products; we need joint ventures and R&D collaborations that help our own startups grow.
V
Vikram M
Ye bhi thik hai, par Czech Republic is a small economy. Why not focus more on Germany or France which are bigger partners? We need to prioritize where the real investment potential is. Still, every little bit helps in diversifying our trade away from dependence on China. 🤔
J
James A
As someone working in the tech sector, I'm particularly excited about the Czech Institute of Informatics and ELI Beamlines visits. India needs to seriously invest in photonics and laser science for defense and medical applications. This kind of high-tech collaboration is more valuable than just selling textiles or IT services. Hope the MoU is followed up with concrete projects.
R
Rohit P
Jitin Prasada is doing good work 👏 But I wonder how much of this actually benefits the common Indian? Trade agreements often help big corporates more. I hope our government ensures that small farmers and local manufacturers also get a slice of the pie when European companies come in. Otherwise it's just another elitist exercise.
S
Sarah B
Interesting how India is balancing its partnerships - engaging with Europe while also maintaining ties with Russia. Smart diplomacy! The Czech Republic has strong engineering traditions, so this could boost our 'Make in India' initiative if done

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50