Friday, October 8, 2010
India and France aim to double the bilateral trade
08.10.2010 07:17:08 Nksagar - Sagar Media - New Delhi:
G 20 chair to France in the month of November and the Presideent Sarkozy to visit India.India and France aim to double the bilateral trade to USD 12 billion food processing is focal sector.
(live-PR.com) - In context to the visit of Sarkozy his Bruno Le Maire, Minister of Agriculture, France addressed on 7 Oct 2010 at Hotel Taj Mahal, Diwan-e-Khas, Mansingh Road. He along with his business delagtes met Subodh Kant Sahai, Minister of Food Processing Industries, to address the Keynote Address.
India and France has current trade to USD 6 billion two states
identified food processing sector as a focal area of cooperation.
"We will try to double the quantum of trade between India and France to USD 12 billion," Food Processing Industry Minister Subodh Kant Sahai told reporters after a delegation- level talk with French team led by its Agriculture Minister Bruno Le Maire.
Subodh said that two delegates discussed in details of teaming joint ventures particularly in the field of food processing sector and an MOU could be signed in this regard when France President Nicolas Sarkozy visits New Delhi in the first week of December this year.
Food Processing Industry Minister Subodh said the delegates discussed in details of teaming joint ventures particularly in the field of food processing sector and an MOU could be signed in this regard when France President Nicolas Sarkozy visits New Delhi in the first week of December this year.
'There are around 600 French companies in India but not enough in the food processing sector,' he said.'France is a leader in the processed food market. Their expertise and investments will greatly help boost the Indian food processing sector which has immense potential,' he said.
Adding further that the two sides discussed cooperation in the areas of skill upgradation, supply chain management and investment in infrastructure, Sahai said: 'This will help enhance food security, post-harvest management and food processing.'
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