home Advertise
With Us

Finnish trade minister to lead biz delegation to India

NEW DELHI: Finland's Foreign Trade MinisterAlexander Stubb will lead a 30-member business delegation to India from October 14 to enhance trade between the two nations with special focus on mining, IT and healthcare sectors. 

"Over the past almost ten years, the volume of trade between Finland and India has grown strongly, but is still modest considering all the opportunities available," a statement of 
Finnish Embassy said today. 

The purpose of the visit is to strengthen the image of Finland as an attractive target for
investments as well as to promote the business opportunities of Finnish companies in India, it said. 

Stubb and the delegation will meet Commerce and Industry Minister 
Anand Sharma and other Cabinet ministers. 

India is Finland's third largest trading partner in Asia. The bilateral trade between the two countries stood at USD 1.42 billion in 2012-13, a sharp decline from $ 2.41 billion in 2011-12. 

During the five-day visit, the delegation would also visit Mumbai. 

"In Mumbai, the minister will meet leadership of the state of Maharashtra, management of the Central Bank of India and local business leaders," it added. 

The business delegation will include representatives from sectors such as energy, environmental technology, mining, metals, construction industry and financing. 

The minister will inaugurate a Design Helps exhibition here.