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Wednesday, Oct 02, 2002

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India-EU meet to focus on three areas

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THE Prime Minister, Mr Atal Bihari Vajpayee, and the President of the European Union and Prime Minister of Denmark, Mr Andres Fogh Rasmussen, are to address the third two-day India-EU Business summit which begins in Copenhagen on October 8.

Besides the two Prime Ministers, the summit will also be addressed by the Foreign Affairs Minister of Denmark, Mr Per Stig Moller, the Indian External Affairs Minister, Mr Yashwant Sinha, and the Commissioner for Enterprise and Information Society, Mr Errki Liikanen.

The European Commission will also address the business community from India and the EU.

The focus of the Copenhagen summit will be on financial services and insurance, biotechnology, information technology, infrastructure and manufacturing and textiles. The summit is being jointly organised by the Confederation of Indian Industry (CII), the Federation of Indian Chambers of Commerce and Industry (FICCI), the Confederation of Danish Industries (DI) and UNICE in collaboration with the Department of Industrial Policy and Promotion.

In a statement, the organisers said that the summit would likely be attended by more than 300 Indian and European CEOs and senior officials from both. The industry representatives from both the sides will be presenting to Mr Vajpayee and Mr Rasmussen, the joint recommendations for enhancing trade and investments in four sectors — insurance and financial services, textiles, power and biotechnology applications.

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