Economy

India, Czech Republic bilateral trade to double

Our Bureau Kolkata | Updated on November 20, 2017


Bilateral between India and the Czech Republic is expected to double in the next three years, according to Mr Miloslav Stasek, Ambassador of Czech Republic to India. “Bilateral trade stood at $1.5 billion in the last financial year and we are hoping that it should reach $2 billion in the current financial year. We feel it can reach $3 billion by the end of 2015,” Mr Stasek said while addressing a regional award ceremony organised by EEPC India here today.

Sectors like tourism and automotive can be focused to enhance the trade between India and Czech Republic, according to him. “One-third of the total bilateral trade between India and Czech republic is being contributed by automotive sectors. And, I feel tourism is one such segment that can grow more to boost bilateral trade,” Mr Stasek said. “We are in talks with airlines like Jet Airways, Air India for direct flights between India and Czech Republic,” he added.



> ayan.pramanik@thehindu.co.in

Published on April 05, 2012

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

null
This article is closed for comments.
Please Email the Editor

You May Also Like