BRAZILIAN FOREIGN MINISTER
MEETS ARUN JAITLEY
Mr. Celso Amorim, Minister
of External Relations of Brazil, met Shri Arun Jaitley, Minister
of Commerce & Industry and Law & Justice, here this afternoon.
They exchanged views on both bilateral and multilateral trade
matters, specially in the context of the post-Cancun scenario.
Both the
Ministers underlined the need for multilateral trade negotiations
to resume at an early date in Geneva so that the process could
move forward.
The two Ministers also discussed bilateral trade issues including
the two-way flow of foreign direct investment and participation
of enterprises from both the sides in the economic development
of the two countries. Shri Jaitley highlighted the scope for Brazilian
construction companies to
invest in the infrastructure sector in India, while Mr.Amorim
responded by pointing to the tremendous investment opportunities
for Indian companies in the pharmaceutical sector in Brazil.
Last week, the South African Trade Minister Alec Erwin accompanied
by an official delegation, was in New Delhi and had discussions
with Commerce Secretary Shri Dipak Chatterjee on multilateral
and bilateral trade issues. While in Beijing recently, Shri Jaitley
also had discussions with his Chinese counterpart on trade issues.
