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INDIA, BELARUS TO EXPAND AND DIVERSIFY TRADE TIES
INTER-GOVERNMENTAL JOINT COMMISSION CONCLUDES
Date : 22 Feb 2001
Location : New Delhi
Shri Murasoli Maran, Union Minister of Commerce & Industry, has said that India and Belarus have agreed to expand and diversify trade and economic cooperation. Speaking at the concluding session of the inter-governmental commission on economic, industrial, trade, scientific, technological and cultural cooperation, here today, Shri Maran expressed confidence that the agreements signed during the visit would further reinforce the economic ties between the two countries and help in increasing bilateral trade to its full potential. On the occasion, the Protocol of the second session of the Indo-Belarus Inter-Governmental Commission was signed by Shri Maran and Mr. Anatoly Kharlap, Minister of Industry, Republic of Belarus. Shri Maran also noted that certain sectors had been identified for cooperation by the two sides which include chemicals, drugs & pharmaceuticals, information technology, science & technology, food processing, agriculture, telecom and power. Mr. Kharlap said that relations between India and Belarus had entered a new era with the signing of these agreements. The Belarus side would draw up concrete plans to implement them, which the Belarusian Minister said would lead to greater exchange of technologies and establishment of joint ventures in identified sectors.
The two sides signed a number of agreements including an agreement between the National Centre for Marketing & Price Study, Ministry of Foreign Affairs of Belarus and India’s National Centre for Trade Information (NCTI), an agreement on cooperation between the finance ministries of the two sides, an agreement on cooperation in the field of Quarantine & Plant Protection between the two countries. Agreed minutes of the Working Group on drugs & pharmaceuticals and healthcare, and the Working Group on Economic, Industrial, Trade, Scientific and Cultural Cooperation were also signed during the Session.
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SB/AG/MRS
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