INAUGURATING the 2nd India-ASEAN Business Fair - 2012 in New Delhi
today, the Union Minister for Commerce, Industry & Textiles, Mr Anand
Sharma, expressed confidence that the two-way trade between India and the ASEAN
countries “will be able to reach USD 100 billion mark by 2015”. He also added
that the early operationalisation of the Services and Investment Agreement would
provide greater impetus to the trade and investment flows.
Welcoming the
Trade Minister from the ASEAN countries, Mr Sharma urged the Trade Ministers
that they should diversify the trade basket and that the economic gains on both
sides would be substantial only if we develop supply chains with a focus on
intra-industry trade. He also said that in order to realise the true potential
of the economies, we should give a concerted push to strengthen the regional
connectivity with ASEAN.
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