Belarus cos at IITF looking for partners in India
Aamir H Kaki Belarus is the ‘Focus Country’ in the 36th edition of India International Trade Fair, being held from November 14 to 27. Many companies and industries from Belarus representing varied sectors such as textiles, education etc are exhibiting in IITF. Needless to say, they are looking for business opportunities and partnerships in India. Tatsiana Matsiushonak, ConcernBellagrom, Republic of Belarus and a cooperation specialist in the Foreign Economic Relations Department, spoke to The Dollar Business about possible opportunities that exist in the textile, apparel and footwear sector of Belarus. “We are here for the first time. We are representing the interests of the textile, apparel and footwear industry of our country. We are looking for possible partners and would also like to develop a ...
India-Belarus trade to reach $1 bn target by 2018
The Dollar Business Bureau India-Belarus bilateral trade is likely to reach the $1 billion target by 2018 from the current level of $445 million. President of India Pranab Mukherjee said this while addressing the Parliamentary delegation from Belarus in New Delhi on Wednesday. The delegation was led by Mikhail Myasnikovich, Chairman of the Council of the Republic of National Assembly of Belarus. The target to reach $1-billion trade by 2018 was set by both the countries during the 7th Inter-Governmental Commission meeting at Minsk in September 2015. The President said that 2017 would mark the 25th anniversary of establishing diplomatic trade relations between India and Belarus. Both countries need to work together to raise the level of India-Belarus bilateral trade and to ...
India, Belarus target trade worth $1 billion by 2018
The Dollar Business Bureau In an attempt to promote investment flows between the two countries, especially in the backdrop of 'Make in India' campaign, India and Belarus agreed to improve business to business contacts. The decision was taken during India-Belarus Inter Governmental Commission meeting at Minsk, Belarus, where India’s Minister for Commerce and Industry Nirmala Sitharaman and Belarus’s Minister for Industry Vitali Mikhailovich Vovk represented their delegation. “The present level of trade at $400 million did not reflect the true depth of engagement between India and Belarus. It was agreed to set a target of $1 billion by the year 2018,” said the Ministry of Commerce and Industry in a statement. “India and Belarus also discussed the issues relating to long term ...
Betting on an India-Belarus future of co-operation
Source: PIB, Government of India. India's President, Pranab Mukherjee (Right) meeting the Prime Minister of Belarus, Andrei Kobyakov, in Minsk, Belarus on June 03, 2015. Source: PIB, Government of India The President of India, Pranab Mukherjee addressed a Belarus - India Business Forum organized by the Belarus Chamber of Commerce and Industry and FICCI-CII in Minsk on Friday. Addressing the gathering of eminent business representatives from India and Belarus, the President said trade, investment and economic cooperation form one of the most important facets of contemporary India-Belarus relations. As we seek to elevate our bilateral relationship, it is our business communities that possess the maximum potential to transform and energize these ties. The President said with a view to further energizing ...
The International North-South Corridor key to Indias trade
The Dollar Business Bureau As highlighted in the Foreign Trade Policy of India, 2015-20, The International North-South Transport Corridor (INSTC) - a multi-modal trade transport network that includes rail, road, and water transport from Mumbai in India via Bandar Abbas in Iran to Moscow in Russia can be a game-changer for India in promoting its trade and investment links with Central Asia. A current-affairs magazine on the Asia-Pacific region reported that the network could be used to explore further options for developing connectivity with other countries such as Turkey and in Eastern Europe. It could facilitate India’s economic integration with Eurasian economies and other countries in surrounding regions. The INSTC has particular economic and strategic relevance to India given the ...