India has appointed Pranay Verma, currently serving as the country's High Commissioner to Bangladesh, as its next ambassador to Belgium and the European Union. The Ministry of External Affairs announced the appointment in a statement on Friday, confirming that Verma will soon assume his new responsibilities in Brussels. His tenure in Dhaka, which began in September 2022, is now nearing completion.

Reports in Indian media had recently indicated that Verma would be transferred to Brussels, a posting that has gained importance following the signing of a trade agreement between India and the European Union on January 27. The agreement aims to expand bilateral trade in goods, services, and investments, with implementation expected by early 2027.

According to India’s Ministry of Commerce and Industry, the free trade agreement is designed to create a future-ready trade framework supporting emerging economic sectors. India has set an export target of 300 billion dollars, particularly focusing on engineering and manufacturing industries.