Hollande calls for more trade co-operation

February 15, 2013 11:31 pm | Updated 11:31 pm IST - MUMBAI:

French President Francois Hollande concluded his two-day visit to India on Friday with a call for more investment and trade between the two countries.

France would like to give a new meaning to the trade and business between India and France, said Mr. Hollande, while addressing the industry associations here

The President of France was addressing a meeting jointly organised by Confederation of Indian Industry (CII), FICCI and Assocham, on India-France: strengthening long-term economic partnership. He has also met various business leaders.

Trade between India and France was barely 8 billion euro annually compared to the target of 12 billion euro set in 2008. Mr. Hollande said that his country wanted to amplify trade between the two countries.

He said that crisis in the eurozone was over and its currency Euro also appreciated. “Our interest in Europe is stability, confidence and also growth. We too need the support of a big nation like you to grow.”

Mr. Hollande, while meeting the Governor of Maharashtra K. Sankaranarayanan said that France was keen to increase co-operation with Maharashtra in areas such as infrastructure development, and agriculture products, referring to the proposed nuclear power plant coming up in Maharashtra.

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