Resilient Benelux Businesses Persevere Through Case Surge in Europe

 

Head of EU Business Development, Riccardo Benussi, to travel to Belgium and Netherlands and visit key clients with Asian investments as well as strategic partners to help promote Asia-Benelux business relations.

Europe’s reprieve from Covid-19 is over as much of the continent battles renewed surges in cases. This time however, governments are attempting to maintain a more even balance between public health and economic concerns to prevent losing the gains recovery had brought in the spring and summer.

Fortunately, most businesses have been able to continue operations, either remotely or in person and vaccination rates continue to rise.

Growth rates in many parts of the world are expected to significantly improve after contracting in 2020. Benelux is one of the regions projected to bounce back in 2021. The EU Commission forecasts 4% growth for the Netherlands, 5.8% for Luxembourg, and 6% for Belgium.

With the economy rebounding, Benelux companies will be able to jumpstart plans put on hold during the pandemic lockdowns and continue to drive direct investment into Asia. The region alone – the Netherlands was in fact the single largest contributor in Europe in 2019 – has invested over $300 billion USD in the Asian countries we ourselves operate in.

As Asia plays such a large role in the growth of business in Benelux, our Head of EU Business Development, Riccardo Benussi, has selected the region for his second major business trip since returning to Europe.

During the week of November 22 and 29, Riccardo will be traveling through the cities of Amsterdam, Nijmegen, Wijen Den Haag, Antwerp, Breda, Ravels, and Brussels.

While in Belgium and the Netherlands, he is meeting with key clients who have invested in Asia but might not have been able to send a representative to their subsidiary since the pandemic began. Riccardo will also be meeting with strategic partners to help advance client’s interests in Asia.

To arrange a meeting or call with Riccardo to discuss doing business in Asia, please get in touch here.

 

Dezan Shira & Associates’ EU Presence

The EU has significant trade and investment dealings with Asia – ASEAN and China are both among the bloc’s top three trade partners outside the EU. With parts of Asia rapidly developing and the EU pursuing trade agreements with Asian counterparts, there are an increasing amount of opportunities for European investors in the region.

Incorporated in Munich in January of 2021, Dezan Shira & Associates’ German office serves as a first point of contact for European companies wishing to do business in Asia. The team here works with a variety of partners to educate more businesses on the economic performance and regulatory environment of developing Asian economies.

 

Further Resources

For further resources on doing business in Asia and to stay up to date on regulatory changes, industry profiles, FDI data as well as other pertinent business information, you can visit our websites: 

• China Briefing
• Vietnam Briefing
• India Briefing
• ASEAN Briefing

You can also visit our publication store, Asia Briefing, which houses in-depth business guides and magazines for multiple regions in Asia, and our knowledge sharing platform Asiapedia for multimedia resources.

 

---