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India, Dong Thap province strengthen trade, investment cooperation

The Dong Thap provincial People's Committee and the Consulate General of India in Ho Chi Minh City on June 28 held a conference to promote trade and investment cooperation between India and the Mekong Delta province.
India, Dong Thap province strengthen trade, investment cooperation ảnh 1Chairman of the Dong Thap provincial People's Committee Pham Thien Nghia and Consul General of India in Ho Chi Minh City Madan Mohan Sethi at the event. (Photo: laodong.vn)

Dong Thap (VNA) – The Dong Thapprovincial People's Committee and the Consulate General of India in Ho Chi MinhCity on June 28 held a conference to promote trade and investmentcooperation between India and the Mekong Delta province.

Chairman of the provincial People's Committee PhamThien Nghia said besides rice and aquaculture products, the province also hasfruits that are promising products for export to India such as mango, mandarin, and longan; and briefed representatives of the more than participating Indian firms on theprovince’s Sa Dec flower village.

Madan Mohan Sethi, Consul General of India inHo Chi Minh City, said that Vietnam, with its strategic geographicalposition, stable socio-political system, skilled labour force, and membershipof 15 free trade agreements, is one of the attractive investment destinations inthe world.

He called on Indian and Vietnamese companiesto invest in each country in different fields and committed that his office iswilling to support them.

At the conference, three memorandums ofunderstanding on investment cooperation were signed among businesses andorganisations of India and Dong Thap province.

On this occasion, Dong Thap province alsoopened exhibitions introducing its products, industrial parks, economic zones,border gate economy, and industrial clusters that are calling for investment.

In 2022, Dong Thap and India got a totalimport and export turnover of 18.13 million USD.  Dong Thap exportsaquaculture products, leather shoes, and collagen to India while importing mostly pharmaceuticals, animal feed ingredients, textile materials,machinery, and equipment./.

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