SME Times is powered by   
Search News
Just in:   • US stocks rally amid trade optimism, economic data  • HDFC Bank's Q3 net profit up 20%  • Centre may miss divestment, fiscal deficit targets  • CII suggests measures to help MSME sector  • Imran Khan seeks expedition of CPEC projects 
Last updated: 18 Dec, 2018  

India.Turkey.9.Thmb.jpg 'India to address bilateral trade concerns of Turkey'

India.Turkey.9.jpg
   Top Stories
» Centre may miss divestment, fiscal deficit targets
» CII suggests measures to help MSME sector
» FICCI for housing scheme for women garment workers
» India's debt up 50% to Rs 82 lakh cr under Modi govt
» Big relief to startups, investors as govt liberalises norms
SME Times News Bureau | 18 Dec, 2018

Union Minister of Commerce & Industry Suresh Prabhu on Tuesday said India will address all bilateral trade related concerns with Turkey.

In a meeting with his counterpart from Turkey Rushar Pekcan, in New Delhi, Prabhu said India will address all the concerns of Turkey, from agri products, banking issues, trade deficit and greater investments.

During the bilateral meeting, Prabhu said that he will lead a high level business delegation to Turkey in February next year and will work with his Turkish counterparts to make sure that all the issues being raised in the bilateral meeting by the Turkish side are addressed.

The Commerce Minister said that India is excited to have a Comprehensive Trade Agreement with Turkey as early as possible.

The Draft Joint Study Group(JSG) report, discussed by both countries in August 2018, needs to be finalized soon so that negotiations may begin.

India has submitted its chapter to JSG and Suresh Prabhu requested Turkey to make their submission as early as possible.

The Commerce Minister also informed the Turkish Minister that the proposal received from Turkey to deal in local currency is under consideration of the Finance Ministry of India.

Prabhu informed the Turkish side that the Indian aviation sector is growing at 20%, which is the fastest growth seen in the aviation sector in the world.

Hundred new airports will be constructed in the next ten years with an investment of 65-billion-dollar, he said, requesting the world class Turkish construction companies to participate in the business of the growing aviation sector in India.

Later Commerce Minister also addressed India – Turkey business forum in New Delhi where he said that India is committed to make bilateral trade balanced and sustainable for both countries. 

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 20 Jan, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» HostBooks Ltd. offers a seamless GST filling experience: Kapil Rana(3)
» Ashok Leyland to launch 13-seater passenger vehicle, LCV(1)
» CII welcomes GST Council steps as MSME friendly(1)
» Hyperloop start-up Arrivo to shut down: Report(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter