Off the wire
• Rodriguez into the lead in Vuelta, Dumoulin retains options after stage 16  • Roundup: Employees of British Bases in Cyprus declare week-long strike  • Ireland can accept 5,000 refugees: deputy PM  • FTSE 100 Monday closes higher on Monday  • Barcelona to land Shanghai for cultural week  • Novo Nordisk, MIT to work on next generation of drug delivery devices  • 1st LD Writethru: Hungarian defence minister Csaba Hende resigns  • Spanish stock market falls 0.17 pct, closes at 9,805 points  • Russia denies involvement in plot to oust Syrian President  • Woman arrested in Spain for helping IS  
You are here: 　 Home

Belarus hopes to expand trade with India

Xinhua, September 8, 2015 Adjust font size:

Belarusian President Alexander Lukashenko said Monday that Belarus is interested in developing all-round cooperation with India.

He made the remarks while meeting with Indian Minister of State for Commerce and Industry Nirmala Sitharaman in Minsk, the national capital of Belarus.

"Trade and economic ties are the basis of the relations between Belarus and India, and the vigorous cooperation between key ministries of Belarus and India will have an impact on all-round bilateral relations," said Lukashenko.

Both sides also exchanged ideas over promoting cooperation in sectors such as manufacturing, mechanical engineering, pharmaceutics, potash mining, IT and education.

According to Lukahenko, Belarus was considering the possibility of setting up a large industrial center in India for production, sale and maintenance of equipment. Lukahenko also encouraged Indian pharmaceutical companies to enhance their presence in Belarusian market.

Nirmala Sitharaman, the visiting Indian official, said Indian companies are ready to buy potash fertilisers and invest more in the Belarusian potash industry, while saying India is also interested in sending Indian students to study in Belarusian universities.

The two-way trade between Belarus and India totaled more than 400 million U.S. dollars last year and exceeded 300 million U.S. dollars in the first six months of this year. Endit