Business Daily from THE HINDU group of publications Sunday, Nov 08, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Industry & Economy
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Foreign Trade India-Sweden sign pacts
The Minister for Trade, Sweden, Dr Eva Bjorlin, with the Trade Commissioner, Head of Swedish Trade Council India and South Asia, Mr Fredrik Fexe, inaugurating the Swedish Trade Council’s new office in the Capital on Saturday. — New Delhi, Nov. 7 India and Sweden have signed two Memoranda of Understanding for enhancing cooperation in the fields of Defence and environmental protection. The two MoUs were signed after talks between the Prime Minister, Dr Manmohan Singh, and his Swedish counterpart, Mr Fredrik Reinfeldt, at Hyderabad House here. Mr Reinfeldt, who is in New Delhi to attend the Tenth India-EU Summit, that began on Friday, has said developed countries have a vital role to play in curtailing the effects of global warming. He also strongly pitched for an agreement on a successor to the 1997 Kyoto Protocol at the Copenhagen talks in December and said the absence of a clear deal would mean lack of infrastructure to tackle climate change. An FTA between the EU and India could improve market access for goods and services, covering all trade except for public procurement, which India is reluctant to include in the pact. India is also concerned, among other things, about costly certificates for exporting fruit to the EU and conformity procedures for the EC mark. More Stories on : Foreign Trade
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