Home / Knowledge / News / Textiles / Moldova wooing Indian investors in textiles, agriculture

Moldova wooing Indian investors in textiles, agriculture

20
Aug '18
Moldova is wooing Indian investors in textiles, agriculture and a few other sectors as it plans to open an embassy in India in 2019, according to the country’s minister of foreign affairs and European integration Tudor Ulianovschi. In September, a delegation of 10-12 textile business representatives will visit India to explore cooperation avenues, he said.

Ulianovschi was recently on a visit to New Delhi. He is the first Moldovan foreign minister to visit India.

Moldova is interested in an economic and trade agreement and a foreign investment promotion and protection agreement with India. A visa agreement is also needed as Indians need an invitation from Moldova to visit the country now, he told an Indian news agency in an interview.

Annual bilateral trade between the two countries now stands at around $34 million.

Ulianovschi said Indian producers can use the extremely high quality agricultural land in his country. Moreover, if a company invests more than $1 million in a free economic zone in Moldova, it does not have to pay taxes for three years, he added. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 26th May 2020

Affordable fabric face masks to be manufactured in Egypt

Affordable face masks made of fabric will soon be available in the...

Pic: Shutterstock

Textiles | On 26th May 2020

Govt exploring new lending institutions to support MSMEs

The Indian government is exploring new financial lending institutions ...

Pic: Shutterstock

Fashion | On 26th May 2020

Brands, designers used to fast fashion urged to change

The Council of Fashion Designers of America (CFDA) and the British...

Interviews View All

Priyanka, Studio Priyanka Rajiv

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Top executives, Textile industry

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Mandeep Nagi, Shades of India

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Jason Remnant,

Jason Remnant

<div>Xaar plc develops digital inkjet technology; it designs and...

Davide Maccabruni,

Davide Maccabruni

Schärer Schweiter Mettler (SSM) manufactures and supplies textile...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

Leave your Comments


May 2020

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


Advanced Search