Indian businessmen invited to partake in EXPO 2017

9 July, 2014 09:31

A round table on development of trade economic relations between India and CIS countries, organized by the Federation of Indian Chambers of Commerce & Industry was held in Cochin city, Kerala state, India.

The Indian businessmen were informed on bilateral relations in particular, an increase of trade volume twofold over last three years was noted. By the way the trade volume exceeds the total trade turnover of India with all Central Asian states combined, the official website of the Kazakh Ministry of Foreign Affairs reports.

The key constraining factor of the Kazakh-Indian trade and investments relations is unavailability of optimal land transport routes between countries. In this regard, an importance of rail way, forming a part of international transport corridor North –South, connecting Kazakhstan with the Iranian ports in the Persian Gulf. The commissioning of the railway system will significantly reduce the cost and time of transporting goods.

The audience heard the information on main achievements of the first five-year plan of Industrial Innovative development Program and Government’s plans for 2015-2019 years.

The Indian businessmen were invited to take part in realization of projects within EXPO 2017 international exhibition in Astana.

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