Financial Daily from THE HINDU group of publications
Saturday, May 27, 2006
Financial Daily from THE HINDU group of publications Saturday, May 27, 2006 |
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Industry & Economy
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Foreign Trade India, EU seek to enlarge bilateral trade Our Bureau
New Delhi , May 26
To boost bilateral trade between the India and the European Union (EU), a
The programme was launched at a workshop organised by Overall Technical Assistance Team of the EU, in co-operation with the Confederation of the Food Trade and Industry of the Federation of Indian Chambers of Commerce and Industry.
Speaking at the launch of the programme, Mr Etienne Claeye, Head of Operations, EU delegation in New Delhi, said that while India's exports and imports to the EU stood at 22 per cent and 17 per cent respectively, it accounted for a mere 1.5 per cent of EU's global trade.
"These figures present great opportunity for both the EU and India to increase trade and investment either way," he added.
Speaking in favour of growth of India's trade with EU, he said, additional exports worth
The programme seeks to strengthen the food testing laboratories in Kolkata, Mumbai, Chennai, Cochin, Kollam, Porbandar and Veraval with a total investment of
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