Home / Knowledge / News / Mr. Endra-Philippe, DR Congo meets Union Minister
Mr. Endra-Philippe, DR Congo meets Union Minister
19
Jan '08
India and Congo have agreed to explore the possibility of cooperating in industrial diamonds in view of abundance of availability of these in Congo and Indian expertise in cutting and polishing of diamonds.

Congo is world's second largest producer of diamonds and Indian companies like MMTC etc. are in a position to join hands for exploitation of rich potential which exists in this sector.

Shri Kamal Nath, Union Minister of Commerce & Industry, during his bilateral meeting with Mr. Endra-Philippe Futa, Minister of National Economy and Commerce of Democratic Republic of Congo, also stated that India could cooperate with DR Congo in a meaningful exploitation of minerals like copper – and cobalt which exist in huge quantity in Congo.

The Indian Commerce Minster also mentioned about the abundant hydro-electric power resources in DR Congo and stated that NHPC or other Indian companies in this field could provide technical expertise in exploitation of this energy resource in cooperation with Societe Nationale D'electricite (SNEL) of DR Congo.

Shri Kamal Nath also reiterated the willingness of the Indian government to offer technical expertise to Congo in modernising and managing small and medium enterprises through National Small Industries Corporation.

Recalling the visit of Mr. Simon Mboso Kianputu, DR Congo Minister for Industries to India in September 2007 during which many areas of cooperation were identified particularly betweenthe SMEs of the two countries, Shri Kamal Nath observed that import from DR Congo are increasing while exports from India have come down since 2003-04.

He expressed the need for increasing trade with DR Congo in view of stabilisation of economic activity in DR Congo. He also offered Indian assistance in modernising of mining sector in Congo.

The Congo delegation is on a visit to India to participate in the Partnership Summit and also visited the Auto Expo which concluded here last evening.

Press Information Bureau Government of India

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search