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Tuesday, Nov 04, 2003

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EU Heads of Mission meet in Mumbai

Our Bureau

Mumbai , Nov. 3

AS part of the run-up to the fourth India-European Union summit scheduled in New Delhi on November 29, Ambassadors from 21 EU countries based in Delhi met in Mumbai on Monday to discuss and review a clutch of issues related to trade and political relations between India and the EU countries. The summit will be preceded by a conclave that would discuss business-related issues on November 28.

Briefing presspersons after the EU Heads of Mission meeting, Mr Benederto Amari, the Ambassador of Italy based in India, said the business summit between India and EU would explore ways to strengthen business relations between India and the EU member countries in major sectors like information technology, tourism, pharmaceuticals, chemicals and food processing. The recent trade between India and EU countries is of the size of over $ 25 billion, while the investments by EU countries in India are of the order of $ 2 billion.

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