27th November, 2002
Ministry of Commerce & Industry  


INDIA & CHILE SIGNS COOPERATION AGREEMENT TO PROMOTE TRADE RELATIONS

IITF REPRESENTS INDIA’S STRENGTH IN TRADE & COMMERCE-RUDY


India and Chile have signed a Cooperation Agreement to promote & develop trade & economic relations between the two countries. Under the Agreement, both the countries would provide all possible assistance and facilities to the businessmen and trade missions, for the participation in exhibitions & trade fairs. Shri Rajiv Pratap Rudy, Minister of State for Commerce & Industry, announced this while giving away awards of India International Trade Fair 2002 (IITF) here today. Shri Rudy said that IITF had been an expression of India’s strength in the field of trade & commerce and its 22nd edition this year amply reflected the changing face and capabilities of Indian industry. Shri J. Vasudevan, Chairman & Managing Director, India Trade Promotion Organisation (ITPO) was present in the function along with members of various foreign missions and representatives of the trade & industry.

Shri Rudy highlighted the fact that many high level delegations from about 30 countries had visited the Fair, including that of China, Chile, Sri Lanka, Namibia, and Uganda. This would lead to fresh opportunities for trade and investment through interaction between the exhibitors and business delegations, he said. The Minister complimented the ITPO for the innovations in the Fair to make it a hub for social & cultural activities.

Among the State’s category awards Rajasthan got the Gold while NCT of Delhi won Silver medal. Ministry of Communications got the Gold while Defence Exhibition got Silver medal in Central Government’s category. Chile bagged Gold in the Foreign country category and China won Silver. Shri Rudy congratulated the award winners and participants for making the Fair a huge success.

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