Belarus seeks more investments from India

NEW DELHI (TIP): Prime Minister of Belarus Mikhail Myasnikovich has invited Indian industry to invest in his country.
Addressing a joint business meeting here on Wednesday, the visiting dignitary said there were several sectors, including pharmaceuticals, heavy engineering goods, information technology and truck and bus manufacture, where India and Belarus could increase engagement.

Pointing out that trade between India and Belarus was below potential, Myasnikovich said a huge potential existed to expand trade and investment.

The meeting was organised by apex chambers of commerce and industry. Addressing the meeting, Minister of State for Commerce and Industry D. Purandeswari said Belarus was a major supplier of potash fertiliser, which India was interested in.

The visit comes as Belarus has been given the status of partner country at the India International Trade Fair. Over 50 companies from Belarus are participating in the fair.

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