India-Nepal bilateral trade to touch US three billion dollars

October 5th, 2009 Belonia (Tripura)/FENI - Indian and Bangladeshi officials attended the inauguration of the new land custom station at India-Bangladesh border to give fillip to bilateral trade. The custom station situated in Muhurighat under Belonia subdivision in Tripura connects the state with Feni Land Port in Bangladesh.

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.

August 22nd, 2009 NEW DELHI - India and Nepal on Saturday included a new trade treaty and agreement to control unauthorized trade, particularly from a third country. The treaty is aimed at widening the bilateral economic engagements.

August 20th, 2009 NEW DELHI - India has pledged assistance of Rs.20 billion to Nepal for infrastructure projects, Finance Minister Pranab Mukherjee told visiting Nepali Prime Minister Madhav Kumar Nepal. The Nepali prime minister arrived Monday on a five-day visit to India - his first to the country since assuming office three months ago.

August 19th, 2009 NEW DELHI - With India-Nepal trade expected to touch Rs.15,000 crore ($3 billion) this fiscal, commerce ministers of the two countries Wednesday discussed a proposed revised treaty to widen the scope of bilateral trade. Commerce Minister Anand Sharma and his Nepalese counterpart Rajendra Mahato met here to take forward the proposed Treaty of Trade and Agreement of Co-operation.

August 19th, 2009 NEW DELHI - India and Nepal Wednesday discussed the finalisation of a revised trade treaty as Kathmandu promised to push the peace process at home and made a pitch for more Indian investment. Prime Minister Manmohan Singh held talks with his Nepalese counterpart Madhav Kumar Nepal, who is in India on a five-day visit - his first to the country since assuming office nearly three months ago.

August 17th, 2009 NEW DELHI - Nepal's Prime Minister Madhav Kumar Nepal will arrive here Tuesday for a five-day visit - his first trip to India after becoming premier. Nepal is expected to hold talks with Prime Minister Manmohan Singh.

July 31st, 2009 AGARTALA - Tripura Chamber of Commerce and Industries (TCCI) President ML Debnath has said that Bangladesh wanted a corridor through West Bengal to revive bilateral trade with Nepal and Bhutan. Talking to reporters here on Thursday, Debnath said, "Bangladesh Prime Minister Sheikh Hasina told him during his visit to Dhaka that her government wanted a corridor through Bhurimari and Banglabandh land ports in West Bengal to revive bilateral trade with Nepal and Bhutan.

July 24th, 2009 CHENNAI - The eighth edition of 'Made in Thailand Destination Thailand 2009' exhibition in Chennai is not only showcasing Thai products, but also providing an opportunity to strengthen bilateral trade between the two nations. The Department of Export Promotion of the Thailand Ministry of Commerce has organized the five-day event that began on Wednesday.

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.

April 28th, 2009 AGARTALA - A ten-member business delegation comprising of members of India-Bangladesh Chamber of Commerce and Industry (IBCCI) recently met here to discuss the possibilities to explore bilateral trade potential and industrial investment opportunities in the state. The delegation led by India-Bangladesh Chamber of Commerce and Industry (IBCCI) President Abdul Matlub Ahmad met with business community of Tripura Industrial Development Corporation (TIDC), senior most officials and businessmen.

March 20th, 2009 NEW DELHI - Commerce Secretary G K Pillai today said that in order to minimize the effects of global slowdown, both India and China need to strengthen the bilateral trade and economic relations. Speaking at the India-China bilateral meeting here, Pillai requested the Chinese side to explore the possibility of more diversified exports from India.

March 7th, 2009 KATHMANDU - India and Nepal are seeking to update their nearly 60-year-old trade treaty with the new draft expected to be ready before India goes to staggered polls from April 16. The draft will be signed into a fresh agreement by the new federal government that comes into being in India in June, officials said.

February 14th, 2009 NEW DELHI - India has sought Canadian expertise in food processing to reduce wastage of agri-products, Commerce Minister Kamal Nath said here Sunday. 'We are among the top producers of vegetables and fruits in the world.

January 6th, 2009 NEW DELHI - Even as India's exports decline, India-African bilateral trade is projected to grow by over nine times from $26 billion now to $150 billion by 2012, according to an estimate by a leading business chamber. The Associated Chambers of Commerce and Industry of India (Assocham), in a report on Africa, projects that in the next four years the continent will have greater business significance and drive two-way trade to over $150 billion.