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Romania's commercial exchanges with India were worth 201.4 million US dollars in the first five months of 2020, down 33.1% from the same period in 2019, with India in fourth place among Romania's Asian trading partners, according to a press statement released on Friday by the Bucharest Chamber of Commerce and Industry (CCIB).
According to the statement CCIB Chairman Costica Mustata, had a meeting with India's ambassador extraordinary and plenipotentiary to Romania Rahul Shrivastava, at the beginning of his term. The meeting was also attended by Anup Demta, head of the Embassy Chancellery, and Florentin Palade, Chairman of SC Delta Machine Bucharest (a CCIB member company).
In the first part of the meeting, Mustata spoke about the activity of CCIB, a representative organization for the Bucharest business community, with openness and international recognition, about the external relations strategy of CCIB, mentioning among the priorities economic and trade co-operation with India., as well as real possibilities for collaboration between the companies from the two countries.
He underlined the quality of the Romanian offer in the machine building industry, the energy industry, the field of industrial equipment and information technology, as well as the opportunities offered for attracting new Indian investment to Romania.
The ambassador expressed full openness to collaboration with CCIB to secure constant exchanges of business information, including in the field of investment, to the benefit of the two business communities.
"India's ambassador to Romania also said that the next step could be to organise sectoral meetings (information technology, industrial development projects in agriculture, infrastructure), with a strong B2B side," according to CCIB.
