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Netherland: Indu Prakash

The Netherlands became an independent state in 1648 and Belgium seceded in 1830. The capital is Amsterdam and the monarch is Queen Beatrix. The population is over 16 million and the official language is Dutch. The country has a constitutional monarchy form of government. The two main financial regulators are the AFM, which ensures legal compliance of financial institutions, and the DNB, which oversees financial stability. Trade between India and the Netherlands has been growing steadily, reaching over 4 billion Euros in 2010, with India having a positive trade balance.

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67 views17 pages

Netherland: Indu Prakash

The Netherlands became an independent state in 1648 and Belgium seceded in 1830. The capital is Amsterdam and the monarch is Queen Beatrix. The population is over 16 million and the official language is Dutch. The country has a constitutional monarchy form of government. The two main financial regulators are the AFM, which ensures legal compliance of financial institutions, and the DNB, which oversees financial stability. Trade between India and the Netherlands has been growing steadily, reaching over 4 billion Euros in 2010, with India having a positive trade balance.

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Indu Prakash
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© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Netherland

Indu PRakash
Country Profile

 1648 Dutch Republic became a free and independent state


 1830 Belgium seceded and formed a independent state
 Capital : Amsterdam
 Government :- Type: Constitutional Monarchy; Head of
state – Queen Beatrix
 Religions: Roman Catholic (31%), Protestant (21%), Muslim
(5.5%), other (2.5%), none (40%)
 Language: Dutch; English widely spoken
Literacy: 99%.
 Population: 16,651,500


Source: CBS statistics Netherland
 A.F.M & DNB


Banks Pension Funds Insurance Companies Financial market

The AFM is an independent regulator, an independent


administrative . While DNB look after the financial
obligations , Work of AFM is to insure the legal obligation on
part the Financial Institutions.


The Minister of Finance is responsible for the
functioning of the financial system, for policy and
legislation in the area of financial markets. The
Minister appoints the board of the AFM, approve its
budget and set taxes.
The President and Executive Directors of DNB are
appointed by Royal Decree.


BOP position
Trade relation

 Two-way trade continued to grow steadily, touching Euro


4.22 billion in 2010 (Jan to October).
 Netherlands remains among the top ten partners of India in
terms of trade volume with positive balance of trade in
favor of India.
 Convention for the Avoidance of Double Taxation and
Prevention of Fiscal Evasion (July 1988)
 Agreement for the promotion and protection of investments
(November 1995)
 MoU for investment promotion (February 2004)
 MoUin the field of Ports and Maritime Transport and
Logistics (February 2008)

Export and Import figure between India and
Netherland with respect to India
Country 2005-06 2006-07 2008-09 %with total
Mauritius 11441 28759 44483 44%
USA 2210 3861 4377 7%
UK 1164 8389 4690 6%
Singapore 1218 2662 12319 9%
Netherland 340 2905 2780 4%
Japan 925 382 3336 3%
Germany 1345 540 2075 3%
France 82 528 583 1%
Cyprus 310 266 3385 3%
UAE 219 1174 1039 1%
Total 24613 70630 98664 -
www.dbn.nl
www.afm.nl
www.english.minfin.nl
www.ec.europa.eu
www.euronext.com
www.indiastat.com
www.cbs.nl
www.nicct.nl
www.indiastat.com

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