Home / Knowledge / News / Irish Trade Minister Mr. Nigel meets Shri Nath
Irish Trade Minister Mr. Nigel meets Shri Nath
06
Feb '08
Shri Kamal Nath, Union Minister of Commerce and Industry, has stressed upon increasing the business-to-business relations between India and Ireland at a higher levels.

Supporting the promotion of bilateral trade and investment opportunities between the two countries, Shri Kamal Nath emphasized on cooperation between small and medium enterprises of both the countries.

This was stated by Shri Kamal Nath when Mr. Nigel Dodds, Trade Minister of Northern Ireland, called on him. Both the countries expressed their keenness to cooperate on all matters of mutual interest.

The bilateral trade between India and the UK during 2006-07 was US $ 9.7 billion (exports – US $ 5.5 billion and imports –US $ 4.1 billion).

The major item of exports to UK include petroleum (crude & products), RMG cotton including accessories, machinery & instruments, manufactures of metals and gems & jewellery.

The major item of imports from the UK include pearls, precious& semi-precious stones, machinery (except electric and electronic), gold, metalifers ores & metal scraps and transport equipments.

As regards the foreign direct investment (FDI), approvals were to the tune of US $ 6.94 billion and inflows were US $ 4.06 billion.

Top sectors attracting FDI from UK was fuels (power & oil refining), telecommunications, chemicals (other than fertilizers) and services sector (financial and on-financial)

Press Information Bureau Government of India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search