Wednesday,
22 December
2010
Belarus, India have potential to expand trade relations

MINSK, 22 December (BelTA) - Belarus and India have a big potential for expanding trade and economic cooperation, Ambassador Extraordinary and Plenipotentiary of India to Belarus Ramesh Chander said as he met with Prime Minister of Belarus Sergei Sidorsky in Minsk on 22 December.

According to the diplomat, the two countries were able to reach the preset goals in the trade and economic relations. "We can do a lot more, we have a potential for it," he believes.

Ramesh Chander expressed confidence that Belarus and India have chosen the right way to develop cooperation and will be able to draw the positions closer in the trade, economic and political relations.

He stressed that Belarus' technological sector is well known in India. "Our country has already made a long way in this direction. I believe that it is this sector where two countries have great prospects for cooperation," he noted and added that it, first of all, concerns the exchange of technologies, construction of infrastructure as well as deliveries of the Belarusian heavy and mining equipment to India. The Ambassador took note of the large Belarusian companies such as Amkodor and BelAZ which are present on the Indian market. They go into competition with Indian companies, but this competition is productive. He also expressed confidence in Belarus-India constructive and fruitful cooperation in the military and technical sector. Summarizing the results of his activity in Belarus, Ramesh Chander said he completes his diplomatic mission in Belarus because of his retirement age, not because all the issues in the bilateral relations have been settled.