Diplomacyindia.com


IITF-2017 opens, Vietnam partner nation, Kyrgyzstan focus country

November 14
14:04 2017

New Delhi, Nov 14  With India moving to an Act East foreign policy, with focus on the Asean region, Vietnam an important and old ally is the partner country at this year’s India International Trade Fair (IITF), Commerce Minister Suresh Prabhu said on Tuesday.

The 37th IITF, inaugurated here by President Ram Nath Kovind, has Vietnam as the partner country, the Kyrgyz Republic in Central Asia as the ‘focus country’ and Jharkhand as the partner state.

“With Prime Minister Narendra Modi upgrading Indian policy to Act East, instead of just Look East, Vietnam is our partner country this year at IITF,” Prabhu said, noting that Modi is currently in the Philippines attending both the Asean and East Asia summits.

“Vietnam has been an important friend of India for a long time and we look forward to have a comprehensive partnership with our old ally, which has a tremendous record of fighting against global powers,” he said.

Revealing that his Ministry is working on “country specific” plans to boost India’s trade, the Commerce Minister said that Central Asian nations were also a major focus point and that he was leaving on Friday for an official visit to Russia.

“The CIS (Commonwealth of Independent States) is one of our best partners. With our age-old relationship with this region, we would like to go along with them to increase economic cooperation,” he said.

“Overall, we would like to increase exports, but not discourage imports. India would like to develop regional partnerships and relationships, ” he said, adding that the ongoing mid-term review of the National Trade Policy would be presented soon.

Inaugurating the IITF, President Kovind described it as the “annual event in our business as well as cultural calendar”.

He noted that over 3,000 exhibitors are taking part this year, including 220 companies from overseas.

Partner state Jharkhand, which holds 40 per cent of the nation’s mineral resources, had become an exemplar in ease of doing business, Kovind added.

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

Your email address will not be published.
Required fields are marked *

DIPLOMACYINDIA EXCLUSIVE INTERVIEW WITH DG ICCR SMT. RIVA GANGULY DAS, IFS

Diplomacyindia.com Editor V N Jha participating in Panel Discussion on Lok Sabha Television

Diplomacyindia.com Exclusive Video : Glimpses from the Argentine National Day

Diplomacyindia.com Exclusive Interview with Ambassador of Slovenia to India, H.E. Mr. Jozef Drofenik speaking on Bilateral Relations and Trade between India and Slovenia

Diplomacyindia.com Exclusive Interview with Ambassador of Slovenia to India, H. E. Mr. Jozef Drofenik speaking on Tourism in Slovenia

Pictures of Formal Launch of Website Diplomacyindia.com

Exclusive Interview with Prime Minister of Guyana, H.E. Mr. Moses Veerasammy Nagamootoo during his recent visit to India.Highlights of the interview were Indian Cultural Connect, Vibrant Bilateral Ties and Cultural Connect and India’s Economic Prowess.

Video Message from Shri Prakash Javadekar, MoS (IC) for Forest, Environment & Climate Change on eve of Formal Launch of Website Diplomacyindia.com

Message from Gen. V K Singh, (Retd.) Hon’ble MoS, External Affairs to Diplomacyindia.com

Facebook Auto Publish Powered By : XYZScripts.com