HomeScience & TechIndia Ireland Establish Joint Economic Commission to Boost Trade

India Ireland Establish Joint Economic Commission to Boost Trade

India and Ireland have announced the formation of a Joint Economic Commission (JEC) aimed at expanding trade, investment, and technology cooperation. The agreement, formalized during External Affairs Minister S Jaishankar’s visit to Dublin, includes an ‘Action Plan’ and a memorandum on diplomatic exchanges to strengthen bilateral ties.

This development marks a renewed push in India-Ireland relations, being the first high-level political visit from India since Prime Minister Narendra Modi’s trip to Ireland in 2015. During discussions with Tánaiste and Irish Foreign Minister Simon Harris, Jaishankar emphasized the mutual benefits of closer economic collaboration.

The two nations also addressed geopolitical challenges, including the Ukraine conflict and Indo-Pacific security. Ireland, recognizing India’s growing global influence, is keen to deepen engagement and explore new trade avenues. With existing bilateral trade standing at €16 billion, both countries see significant opportunities for growth while working together to tackle global economic uncertainties.

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