SME Times is powered by   
Search News
Just in:   • Indian stock markets slip on global concerns, mixed Q2 results  • EU approves $7.5 bn acquisition of GitHub by Microsoft  • Sushma Swaraj calls on Sri Lankan PM  • HDFC Bank Q2 net profit up 20.6%  • RBI adopts calibrated tightening due to inflation risks 
Last updated: 12 Oct, 2018  

Handshake.9.Thmb.jpg India, Azerbaijan talk on trade, SME cooperation

Handshake.9.jpg
   Top Stories
» RBI adopts calibrated tightening due to inflation risks
» Economic offences threaten nation's financial stability: Naidu
» July-Sept manufacturing growth 65 pc: Survey
» CCI, CII organise roadshow on competition law
» Indian SME delegation participates in 8th European SMEs Congress
SME Times News Bureau | 12 Oct, 2018

India and Azerbaijan on Friday exchanged views on current economic situation and reviewed the current status of bilateral trade, investment and their cooperation in the fields of trade, economy, science and technology.

At the 5th meeting of India-Azerbaijan Inter-Governmental Commission on Trade and Economic, Science and Technology Cooperation (IA-IGC) held on 11-12 October, in New Delhi, the two countries emphasised to further strengthen and expand their cooperation in trade and investment, transportation, energy and hydro-carbons, SMEs, agriculture, food safety and environmental protection, tourism, culture, health and pharmaceuticals, space technology, education and scientific research, chemicals and petrochemicals and mining.

Trade turnover between India and Azerbaijan in January-August 2018 was USD 657.9 million. Both sides felt that bilateral trade was far below the potential and there was a need to step up the cooperation to enlarge the trade basket and increase bilateral trade and investment.

Both sides agreed to take measures to enhance trade relations and expand business relations between the two countries.

It was decided to send trade delegations to raise awareness regarding economic developments and reforms in the two countries and have regular exchange of information about trade exhibitions, fairs, conferences and other business events.

Both sides agreed to convene the next meeting of the India-Azerbaijan Inter-Governmental Commission on Trade, Economic, Science and Technology co-operation in Baku. The dates for the meeting will be mutually agreed through diplomatic channels.

The meeting was co-chaired by Union Minister of Commerce & Industry Suresh Prabhu and Minister of Ecology and Natural Resources of the Government of Republic of Azerbaijan, Mukhtar Babayev.

 
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 21 Oct, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(5)
» India needs strong, decisive leadership at Centre: Jaitley(1)
» Punjab to give unique number to plots of land to prevent frauds(1)
» Letter of Credit - a safe and secure payment mode?(1)
» All is not well with GDP growth(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter