Don’t miss the latest developments in business and finance.

Indo-Belarus Mutual Trade Growing At 10-15% Per Annum: Ambassador, Belarus

Image
Capital Market
Last Updated : Sep 20 2016 | 12:01 AM IST
Ambassador of Belarus to India, Mr. Vitaly Prima on Thursday hoped that both India and Belarus would further cement their trade and economic ties as in the last few years the mutual trade turnover between the two countries is growing between 10-15% per year.

With the elimination of all barriers in the bilateral trade between India and Belarus, when India recognized the latter as a full market economy country and removed anti-dumping duties on Belarusian goods, the prospects of two nations coming closer have brightened, emphasized the Ambassador.

Addressing an Interactive Session on Doing Business with Belarus under aegis of PHD Chamber of Commerce and Industry, Mr. Prima recalled that the visit of the Prime Minister of Republic of Belarus in November 2012 and the first in the history of the Belarus-India relations visit of President of India to Belarus in June 2015 gave strong impetus to bilateral collaboration.

The Ambassador also emphasized that Belarus and India could become a strong partners for development and welfare in programmes such as Make-in-India, Digital India, Smart Cities and Skill India as also cooperate in the field of chemicals, petro-chemicals, agriculture, mechanical engineering, light industry and food production including information and communication technologies.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Sep 19 2016 | 10:29 AM IST

Next Story