IIFT Signs Landmark MoU with APEC

Written By: Dr. Kumar Ashutosh | Updated: March 06, 2025, 04:04 pm IST | Category: National News | Views: 106 views

An important Memorandum of Understanding (MoU) was signed on March 3, 2025, between the Indian Institute of Foreign Trade (IIFT), India’s leading organisation for international trade education and research, and APEC – Antwerp/Flanders Port Training Centre, Belgium. By strengthening bilateral knowledge exchange and capacity building in international trade, logistics, and supply chain management, this milestone ushers in a new era of academic cooperation between Belgium and India.

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Key Objectives and Scope of the MoU

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  1. Academic Collaboration and Knowledge Exchange
  • Through faculty and student exchange programs made possible by the MoU, Indian students can experience firsthand the logistics systems, trade facilitation mechanisms, and international port operations at the Port of Antwerp-Bruges, one of Europe’s biggest ports.

    • Port management, international logistics, customs procedures, supply chain effectiveness, and sustainable trade practices will be the main topics of collaborative research projects.

  1. Capacity Building and Specialized Training
  • APEC and IIFT will work together to develop executive courses, workshops, and training programs for port managers, logistics experts, and trade officials.
  • Blockchain applications in logistics, digital trade, e-governance in trade facilitation, and emerging technologies in port management will all be covered in the training modules.

    3. Industry Interaction and Applied Learning

  • With Port of Antwerp-Bruges officials giving IIFT students case studies, real-world problem-solving scenarios, and expert lectures, the agreement guarantees an improved industry-academia interface.
  • Policy dialogue on improving India-EU trade cooperation and optimising global supply chains will be facilitated by roundtable discussions with Belgian and Indian trade experts.

Historical Context: IIFT and Port of Antwerp Collaboration

This Memorandum of Understanding is a logical development of IIFT and the Port of Antwerp-Bruges’s long-standing partnership, which started in 2019. More than 200 IIFT students have since visited the port, obtaining firsthand knowledge of international supply chain dynamics, customs laws, and port operations.

These visits, integrated into IIFT’s curriculum, have enhanced students’ understanding of:

  • Port logistics and infrastructure
  • Customs clearance procedures
  • Trade facilitation measures
  • Sustainability initiatives in port management

The 2025 Memorandum of Understanding has now formalised and broadened this historic partnership, guaranteeing a long-term, structured framework for collaboration.

Significance for India-Belgium Trade Relations

Strengthening Bilateral Economic Ties

  • With a strong trade in diamonds, chemicals, machinery, and pharmaceuticals, Belgium is one of India’s main trading partners in the European Union (EU).

    • An important entry point for Indian exports to Europe and vice versa is the Port of Antwerp.

    • In line with India’s Foreign Trade Policy (FTP) 2023 emphasis on trade facilitation and capacity building, the MoU gives this trade relationship an academic and research component.

Enhancing India’s Trade Infrastructure and Logistics Efficiency

  • India’s port efficiency and competitiveness in the global market will be improved by studying European best practices in digital customs clearance, green logistics, and port automation.

    • The MoU supports India’s Sagarmala Program, which aims to build effective logistics corridors, improve connectivity, and modernise ports.

UPSC Relevance: Key Takeaways for Prelims and Mains

Prelims Pointers

  • The Ministry of Commerce oversees the Indian Institute of Foreign Trade (IIFT), which was founded in 1963 and specialises in foreign trade research and education.
  • The Port of Antwerp-Bruges’ training arm, the APEC Antwerp/Flanders Port Training Centre, focusses on trade facilitation initiatives, logistics training, and port management.
  • One of the biggest and most important ports in Europe, the Port of Antwerp-Bruges is essential to trade between India and the EU.
  • The Sagarmala Program is India’s premier initiative for coastal development and port modernisation.

Mains Analysis – GS Paper II and III

Topic Relevance
India-Belgium Relations Enhancing economic, academic, and technological cooperation
Trade Facilitation Learning best practices in customs clearance, port management
Logistics and Infrastructure Strengthening India’s logistics competitiveness through global partnerships
Digital Trade and E-Governance Incorporating technology in trade facilitation
Capacity Building in Trade Training programs for trade officials, logistics professionals, and future trade leaders

Strategic and Economic Implications

For India

  • Makes India’s trade education system stronger.

    • Promotes capacity building and technology transfer in port and logistics management.

    • Increases the competitiveness of Indian exports by facilitating trade and implementing effective logistics.

    • Encourages India to pursue its “Act East” and “Trade with Europe” policies.

For Belgium

  • Strengthens economic ties with one of its fastest-growing trading partners, India.

    • Strengthens Antwerp’s standing as a commercial centre for South Asia.

    • Promotes knowledge and academic collaborations with developing nations, which increases goodwill worldwide.

 

Conclusion

The historic IIFT-APEC Memorandum of Understanding, which was signed on March 3, 2025, expands bilateral cooperation with Belgium, a significant European trading partner, and fortifies India’s ecosystem for international trade education.

The MoU provides UPSC candidates with a valuable case study in international academic collaboration, trade facilitation, logistics infrastructure development, and economic diplomacy.

This partnership demonstrates India’s increasing focus on knowledge-based alliances, global trade integration, and skill development in vital areas like supply chain management and logistics, all of which are essential to realising the goal of a globally competitive “Atmanirbhar Bharat.”

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