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Indian Minister requires the Romanian authorities facilities for Indian investments on the local market

The Indian minister for commerce and industry Nirmala Sitharaman requires the Romanian authorities measures to facilitate access for the Indian investors in Romania, taking into account the presence of IT companies of big dimensions on the local market, as it has a strategic position and may be used as entry gate for goods and services from India for the European market.

The state secretary in the ministry for business environment, commerce and entrepreneurship Cristian Dima met in New Delhi India the state minister for commerce and industry Nirmala Sitharaman who spoke about the efficiency of the relations between the two countries in sectors of common interest such as oil and natural gas, SMEs, textiles and  IT where there is already a framework for cooperation.

Dima pointed that it is necessary to intensify the traditional relations with India, taking into consideration as priority the increase of the volume of commercial exchanges which could reach 1 billion dollars in the next five years.

The Romanian companies were invited to use the programme ‘ Made in India’ launched to change India into  a centre of production at world level.

Romania and India could cooperate in the future for projects in domains of common interest, such as oil and natural gas, SMEs, transports, agriculture, renewable energy, IT, tourism, banking sector and exports, civil aviation and mining.