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Southcentral region, India eye to expand import-export cooperation

A symposium on measures to promote import-export activities between India and localities in the southcentral region was held in Nha Trang city by the Indian Consultate Geneal in Ho Chi Minh City and the People’s Committee of Khanh Hoa on March 1.
Southcentral region, India eye to expand import-export cooperation ảnh 1Participants at the symposium (Photo: VNA) 
Khanh Hoa (VNA) – A symposium on measures to promoteimport-export activities between India and localities in the southcentralregion was held in Nha Trang city by the Indian Consultate Geneal in Ho ChiMinh City and the People’s Committee of Khanh Hoa on March 1.

Delegates from the Departments of Industry and Trade of the localities briefed participants on the potential of import and export and their keytrade sectors. Meanwhile, Indian businesses’ representatives made known banks'financial support for import and export, and cooperation opportunities betweenIndia and Vietnam through Gopalpur Industrial Park of India.

According to Vice Director of the Department of Industry andTrade of Phu Yen Nguyen Thi Kim Bich, Phu Yen boasts great potential to exportseafoods to India.

The locality looks forward to enhancing trade cooperation withpartners in the Indian market, in order to export canned seafood, cashew nutsand fertilisers to the South Asian country, Bich said.

Vice Director of the Department of Industry and Trade of NinhThuan Tran Quoc Sanh said the province has imported white-leg shrimps, and machinery and equipment serving wind and solar powerdevelopment from India.

He expressed his hope that the Indian Consulate General in HCMCity will pay attention to promoting trade exchange between the two sides, thusexpanding import of agro-forestry-fishery products of Ninh Thuan, and speedingup the implementation of investment projects in agricultural and aquaticproduct processing industry for export in the locality.

Ninh Thuan has various potential products for export such asaloe vera, asparagus, grape, apple, onion, garlic, fish sauce, bird's nests,goat and sheep, among others, he said, adding that these products will bepromoted directly by local businesses with Indian businesses right at face-to-facedialogue sessions.

According to Vice Director the Department of Industry and Tradeof Khanh Hoa Phan Thi Thu Cuc, Khanh Hoa’s export turnover to India topped 437,000 USD in 2022.

She called on businesses of Khanh Hoa and India to continue strengtheningbusiness cooperation and import-export activities in the future.  

Meanwhile, Director of the Department of Industry and Trade ofBinh Dinh Ngo Van Tong said the province looks to welcome more Indian businesses inthe coming time.

GunadharSena, Director of Bank of India in HCM City updatedparticipants on loan policy in import - export activities between Vietnam andIndia, pledging to provide maximum support to Vietnamese businesses thatneed loans as they export goods to India.

Nishu Mishra from Tara Steel Special Economic Zone Limited spoke about the potential of Gopalpur Industrial Park, expressing his hope that businessesof the southcentral region will visit and consider investing in the park in thefuture.

At direct dialogue sessions in the framework of the conference, businesses of the two sides discussedopportunities, legal issues, and issues related to the import-export market./.
VNA

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