Ecuador interested in PTA with India, Colombia seeks co-op in agri and food processing sectors
The Dollar Business Bureau Commerce Secretary, Rita Teaotia had led an official and a business delegation to Ecuador and Colombia from 16th to 19th May. The Commerce Secy’s visit to Ecuador could in many ways reveal India’s keenness to further its interests in the country. The Indian side had representatives from Pharma, IT, Auto, Mining & Construction, Bio Fuels, Agro-Chemicals, Iron & Steel and Textiles and representatives from FICCI accompanying the Secretary. Ecuador though a tiny country holds many promises through its natural resources. It has gold reserves of 2,25,000 tons, silver reserves of 12,500 tons and as per an OPEC official release, its total share of OPEC production in crude is 1.7% and as per Jan 2017 stats, has produced 536.00K barrels ...
Rita Teaotia to lead India to JETCO meet
The Dollar Business Bureau Rita Teaotia is leading a 25 member business delegation to Colombia and Ecuador from May 15-20, 2017 to explore trade and commerce opportunities. The purpose of her visit is to strengthen India’s trade relations with the Latam countries. In Ecuador, the Commerce Secy will be attending the first meeting of JETCO. The Indian delegation comprising of senior officials from leading Indian companies of pharma, IT, textiles, agro-chemicals, automobiles, telecom, railways and Ayurveda will also be a part of the G2B interaction at Guayaquil, Ecuador scheduled on May 17. The industry reps are likely to share a summary of their deliberations on the seminar titled, ‘India-Ecuador Business Forum’ held on May 16 at the JETCO meeting. The business delegation accompanying ...
India and Ecuador set up joint forum to boost bilateral trade
The Dollar Business Bueau India on Friday signed an agreement with Ecuador for the setting up of the Joint Economic and Trade Committee (JETCO) with an aim to bolster existing trade relations between the two countries. “The JETCO will function as the primary forum for discussion and other promotional activities on trade and investment issues and will be meeting once in every two years. The first meeting of the JETCO is proposed to be held early next year in India,” Ministry of Commerce and Industry said in a statement. India’s Commerce Secretary Rita Teaotia met Ecuador Ambassador to India Mentor Villagomez in New Delhi and discussed measures to enhance bilateral trade and investment relations between the two nations. India’s trade with ...
