Interviews
SMEs to welcome engagement with Indonesian counterparts
19 Jan '08
3 min read
India has asked Indonesia to consider removing Non-Tariff Barriers (NTBs) on the import of Indian pharma products into Indonesia.
During the bilateral meeting between Shri Kamal Nath, Union Minister of Commerce and Industry, and the Indonesian Trade Minister Ms. Mari Elka Pangestu, here last evening, he observed that such a step would be beneficial for Indonesia to take benefit of India's cost effective drugs and source pharmaceutical products from India.
He further stated that the Indian pharmaceutical products are exported to many countries including highly regulated markets of US, Europe, Japan and Australia.
Both sides discussed the issues regarding non-tariff barriers on carbon black, wheat flour, uncoated writing and printing paper and milk products and ascertained the concerns of each other to remove barriers to free flow of trade in these goods.
The meeting was attended by the Commerce Secretary Shri G.K. Pillai; Secretary (DIPP) Shri Ajay Shankar; Director General of Foreign Trade Shri R.S. Gujral and senior officials from various Ministries from both the countries, apart from the representatives of the apex chambers.
Shri Kamal Nath underlined the potential of small and medium enterprises (SMEs) in both the countries and stressed the need to explore the opportunities in the markets of the other.
“The Indian SMEs sector is quite strong and would welcome engagement with the Indonesian counterparts and some ofthe Indonesian products such as wood furniture, handicrafts, traditional textile (Batik), food processing etc. that can find good market opportunities in India”, he added.
During the bilateral meeting between Shri Kamal Nath, Union Minister of Commerce and Industry, and the Indonesian Trade Minister Ms. Mari Elka Pangestu, here last evening, he observed that such a step would be beneficial for Indonesia to take benefit of India's cost effective drugs and source pharmaceutical products from India.
He further stated that the Indian pharmaceutical products are exported to many countries including highly regulated markets of US, Europe, Japan and Australia.
Both sides discussed the issues regarding non-tariff barriers on carbon black, wheat flour, uncoated writing and printing paper and milk products and ascertained the concerns of each other to remove barriers to free flow of trade in these goods.
The meeting was attended by the Commerce Secretary Shri G.K. Pillai; Secretary (DIPP) Shri Ajay Shankar; Director General of Foreign Trade Shri R.S. Gujral and senior officials from various Ministries from both the countries, apart from the representatives of the apex chambers.
Shri Kamal Nath underlined the potential of small and medium enterprises (SMEs) in both the countries and stressed the need to explore the opportunities in the markets of the other.
“The Indian SMEs sector is quite strong and would welcome engagement with the Indonesian counterparts and some ofthe Indonesian products such as wood furniture, handicrafts, traditional textile (Batik), food processing etc. that can find good market opportunities in India”, he added.
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
