Union Minister for Finance and Corporate Affairs Nirmala Sitharaman met the Chief Executive Officer of APM Terminals, Keith Svendsen, in Munich, Germany. In a social media post, the Ministry of Finance said that during the meeting, both sides discussed the advantages of the recently concluded India-EU Free Trade Agreement. It added that Mr Svendsen spoke about the positive and long-standing relationship of his company with India and mentioned key investments and partnerships with India across its maritime ecosystem. He also conveyed the intention to continue expanding this association across India. 

 

Mr Svendsen further appreciated India’s reform initiatives over the years, especially the De-Regulation and Ease of Doing Business. On the occasion, the CEO also mentioned the key announcements made in the Union Budget 2026-27, including the one related to container manufacturing.