Portugal keen to boost trade with India

Portugal is looking to boost trade relations with India and particularly keen to improve trade ties with Goa, its former colony. The Ambassador of Portugal, Mr Jorge Roza de Oliveira, told PTI that they are trying to work on the trade ties with India and especially Goa, its former colony, to make up for the trade deficit. “We have excellent relationship with India, we have history and culture. But there is not much trade and investment happening,” he said. He clarified that when he talks of trade deficit — India's exports surpass imports from Portugal, his fingers are pointed towards Portugal and not towards India.