By IANS
New Delhi : India’s Commerce and Industry Minister Kamal Nath Wednesday urged enhancement of bilateral trade between India and Kyrgyzstan that currently stands at $38 million for 2006-07.
The minister highlighted this during his meeting here with Minister of Foreign Affairs of the Kyrgyz Republic Ednan Karabaev.
During the meeting, Kamal Nath also invited companies in Kyrgyzstan to explore investment opportunities in India and apprised their minister of the country’s business-friendly environment.
“Indian skills and capacity in the IT are now globally acknowledged and we can share our expertise in this area with your country,” Kamal Nath said in an official statement.
Major commodities of export to Kyrgyzstan from India are RMG (ready-made garments) wool, RMG cotton including accessories, leather goods, handicrafts, machinery and instruments, cosmetics and toiletries.
Commodities that India imports from Kyrgyzstan are raw wool, manufactures of metals, raw silk, crude minerals and metal scrap among others.