India Argentina business meet begins in Mumbai

Published: Monday, May 7, 2007, 19:35 [IST]
 

Mumbai, May 7 (UNI) A high-level India-Argentina Business Meet (IABM) begins here today to strengthen the bilateral trade relations between the two countries.

The high power business delegation from Argentina had formal interaction with their Indian counterparts regarding various perspective of bilateral trades.

The deligation from the central region of Argentina, headed by the Governors of three provinces--Cordoba, Entre Rios and Santa Fe, is in the city for promoting bilateral trade links in varied sectors.

Speaking at the meet, Federal Council of Investments of Argentina (CFI) Secretary General Juan Jose Ciacera said '' Argentina is one of the prominent members of the Latin American Trading Bloc MERCOSUR, with which India has signed a Preferential Trade Agreement (PTA). The aim of this PTA is to expand and strengthen the existing relations between the two and promote the expansion of trade by granting reciprocal fixed tariff preferences with the ultimate objective of creating a Free Trade Area.'' UNI


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