India-Chile trade can reach $5 bn by 2014: CII

September 29th, 2009 MOSCOW - Trade between India and Russia could reach $10 billion in 2010, Russian Deputy Prime Minister Alexander Zhukov said Tuesday. "Trade is forecast to reach $8.4 billion in 2009, and we are able to...

September 6th, 2009 NEW DELHI - Pakistan's Commerce Secretary Suleman Ghani has said that trade between India and Pakistan can go up to 10 billion dollars per annum in 5-6 years if both the countries resume their dialogue. "If everything goes right then once we resume dialogue, it should not take more than 5-6 years for trade to reach 10 billion dollars from the current 2 billion dollars," The News quoted Ghani as saying.

June 21st, 2009 NEW DELHI - Bilateral trade between India and the US can reach $320 billion by 2018, an eight-time increase from $42 billion in 2007-08, says a report by the Confederation of Indian Industry (CII). "Given the right conditions, merchandise trade could rise to $320 billion by 2018," said the report, "India-US Economic Relations: The Next Decade", released by Commerce Minister Anand Sharma in New York.

June 1st, 2009 NEW DELHI - Army Chief General Deepak Kapoor will begin his four-day visit to Chile from today. During his official visit, General Kapoor will interact with senior military and civilian defence officials and discuss various contemporary defence related issues.

March 20th, 2009 CHENNAI - Chilean President Michelle Bachelet today said both India and Chile are commemorating 60 years of friendship and now there is a need to strengthen and deepen the partnership. Interacting with leaders of the I.T industry at a breakfast meeting organised by NASSCOM here, Michelle said Chile is an open economy with a great investment potential.

March 19th, 2009 CHANDIGARH - Describing India as 'an ideal place for bilateral trade', a top Australian diplomat said here Wednesday that his country has the potential to meet New Delhi's rising demand for natural resources and it would start exporting natural gas to India by 2014. 'By 2013-14, we would be in a comfortable position to export liquefied natural gas (LNG) to India,' Australian High Commissioner to India John McCarthy told reporters.

March 17th, 2009 NEW DELHI - Chile Tuesday underlined its solidarity with India in the wake of the Mumbai terror attacks and backed New Delhi for a seat in the UN Security Council as the two countries signed four pacts, including an agreement on peaceful uses of outer space. 'Chile strongly condemned the terrorist attacks on Mumbai on November 26, 2008.

March 17th, 2009 NEW DELHI - Chile President Michelle Bachelet on Tuesday said that her country would support India's bid to get a permanent seat in the United Nations Security Council (UNSC). Bachelet, who is on a five-day official visit to the country, said India had a great leadership both regionally and internationally and hence should be on the Security Council.

March 16th, 2009 NEW DELHI - The President of Chile, Dr. Michelle Bachelet, accompanied by a high-level delegation, including Ministers of Agriculture and Women Empowerment, is scheduled to arrive in New Delhi on Monday.

March 16th, 2009 NEW DELHI - The President of Chile, Dr. Michelle Bachelet, arrived here on a five-day official visit on Monday morning.

March 16th, 2009 NEW DELHI - With his health improving by the day after a coronary bypass surgery seven weeks ago, Prime Minister Manmohan Singh will meet Chile's first woman president Michelle Bachelet here Tuesday. President Pratibha Patil will host a state banquet and cultural programme for Bachelet Monday night, commemorating the 60th anniversary of the establishment of diplomatic relations between India and Chile.

March 15th, 2009 NEW DELHI - In order to propel the economy during this economic downturn, CII recommends boosting trade ties with other Latin American countries like Chile, and leverage the immense potential that exists between the two countries, by setting up bilateral forums to harness the economic linkages. A study by CII finds ample scope for business and recommends targeting USD five billion trade between India and Chile by 2014.

February 15th, 2009 SANTIAGO - A helicopter carrying firefighters crashed in southern Chile Sunday, killing all 14 people on board, media reported. The helicopter, which was transporting 12 firefighters from a forest fire site, hit a hillside some 165 miles (270 km) south of Santiago.

February 3rd, 2009 BRUSSELS - India's ambassador to the European Union Jaimini Bhagwati has expressed confidence that the 27-member European Union and India will reach a deal on the Free Trade Agreement (FTA). Speaking at an event organised by the Belgian think rank Bruegel, Bhagwati Tuesday said that five rounds have been held since negotiations began in June 2007, EuAsiaNews reported.

January 14th, 2009 NEW DELHI - India will have one of the most modernised meteorological departments in the world by 2014, a central minister said here Thursday. Speaking at the India Meteorological Department's (IMD) 134th Foundation Day, Union Minister for Science and Technology Kapil Sibal said: 'The central government has set in motion the process to make IMD one of the most modernised departments in the world and this could be achieved by 2014.' The IMD has taken up new initiatives for massive modernization and upgradation of equipment, computing facilities, technology, services and human resource development.