Trade between India & Finland yet to reach full potential, says President Pranab Mukherjee
Updated: Oct 16, 2014 04:53:27pm
New Delhi, Oct 16 (KNN) The two-way trade between India and Finland has crossed one billion Euro mark, but it is not the reflection of the true potential for bilateral trade and commerce, said President Pranab Mukherjee while addressing the Parliament of Finland.
"We are committed to working closely with peace-loving nations to address regional and global issues of common interest including urgent issues such as combating terrorism, mitigating the effects of climate change and achievement of the Sustainable Development Goals. India counts on the continued support of Finland in multilateral fora," Mukherjee said.
Further, “Despite the global economic downturns there have been substantial growth in our economic and commercial relations, particularly in sectors such as oil and gas, shipping and maritime industries, renewable energy and IT services," he said.
He said he was confident that in the coming years there shall be far greater engagement between the two countries in all areas- economic, geo-political, social and cultural.
“Our Government's manifest desire to engage more substantively with the Nordic region cannot be conveyed better than through the composition of my delegation - which includes eminent educationists, scientists and businessmen. We hope to move forward with renewed vigour in all these areas," Mukherjee said.
He said Finland's technology in areas such as communications and information technology, energy, shipbuilding, manufacturing, biotechnology, environment, healthcare and infrastructure services are amongst the best in the world.
"India would like to take advantage of your expertise in these areas...The new Government in India is focused on growth and creation of employment opportunities. It is taking measures to encourage investments, revive the manufacturing sector in India, promote skills development, develop smart cities, address social issues and engage closely with partners in these areas. Business sentiments are positive and strong; it is a period of opportunity in India," he said.
Mukherjee further said that, “Going forward, Finland could take advantage of the "Make in India" campaign which seeks to position India as a global manufacturing hub through a series of positive policy interventions.” (KNN/SD)
"We are committed to working closely with peace-loving nations to address regional and global issues of common interest including urgent issues such as combating terrorism, mitigating the effects of climate change and achievement of the Sustainable Development Goals. India counts on the continued support of Finland in multilateral fora," Mukherjee said.
Further, “Despite the global economic downturns there have been substantial growth in our economic and commercial relations, particularly in sectors such as oil and gas, shipping and maritime industries, renewable energy and IT services," he said.
He said he was confident that in the coming years there shall be far greater engagement between the two countries in all areas- economic, geo-political, social and cultural.
“Our Government's manifest desire to engage more substantively with the Nordic region cannot be conveyed better than through the composition of my delegation - which includes eminent educationists, scientists and businessmen. We hope to move forward with renewed vigour in all these areas," Mukherjee said.
He said Finland's technology in areas such as communications and information technology, energy, shipbuilding, manufacturing, biotechnology, environment, healthcare and infrastructure services are amongst the best in the world.
"India would like to take advantage of your expertise in these areas...The new Government in India is focused on growth and creation of employment opportunities. It is taking measures to encourage investments, revive the manufacturing sector in India, promote skills development, develop smart cities, address social issues and engage closely with partners in these areas. Business sentiments are positive and strong; it is a period of opportunity in India," he said.
Mukherjee further said that, “Going forward, Finland could take advantage of the "Make in India" campaign which seeks to position India as a global manufacturing hub through a series of positive policy interventions.” (KNN/SD)
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