India, Sudan decide on ministerial, B2B meetings to strengthen ties


India.Sudan.9.jpgIndia and Sudan have decided to hold bilateral meetings at the level of ministers and business councils to strengthen ties, External Affairs Minister Salman Khurshid said in Khartoum on Tuesday.

“India and Sudan enjoy an active relationship in both political and economic terms. Our bilateral trade figures are expected to reach a figure of close to $1 billion by the time we end the Indian financial year of 2013-14 (on March 31, 2014),” he said in a statement during a visit to the African country.

The minister said: “Based on the recommendations of our two delegations, it has been decided to hold the meetings of the Joint Ministerial Commission and business-to-business Joint Business Council within this year”.

“Before the end of the year, the next round of foreign office consultations would again review the progress of our engagement,” he said.

Khurshid said there exist a number of complementarities in bilateral trade between the two countries and there was a need to utilize them for further deepening of economic engagement.

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SOURCE: http://www.smetimes.in/

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