AGP Executive Report
Last update: 4 hours agoBelgium-India Deal Push: Belgian PM Bart De Wever’s first India visit in 20 years is focused on expanding trade and strategic cooperation with Narendra Modi, including a goal to double bilateral trade over five years, plus deeper defence, clean energy and technology links. Defence & Industry Cooperation: Modi and De Wever also agreed to boost military exchanges and training, with pacts aimed at defence co-development and co-production, while Belgium’s defence minister Theo Francken met Rajnath Singh to review industrial cooperation. EU Procurement Rules: European contractors are urging tougher EU rules for public tenders, asking for quality-weighted scoring and limits on price-only awards to curb competition from subsidised third-country bidders. Brussels Casino Halt: Belgium’s Council of State suspended a 15-year Brussels casino licence worth €750m after a challenge, citing procedural and compliance shortcomings. Food & Health: UKHSA reported a jump in salmonella cases tied to imported eggs, with Belgium among countries reporting linked infections. Startup Funding: Brussels food AI startup Backbone raised €4m pre-Seed to connect quality and compliance data for food companies. Energy Finance: EIG led a €460m structured credit facility for Aukera, backed by Belgium’s sovereign wealth fund, to scale battery storage and renewables projects.
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