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        <h1>India and Romania Boost Economic Ties with New Protocol; Aim to Double Trade by 2015 in Key Sectors.</h1> The Union Minister of State for Commerce and Industry led the 17th Joint Economic Committee in Bucharest, Romania, signing a protocol to enhance India-Romania economic ties. The meeting aimed to double bilateral trade by 2015, focusing on investments and joint ventures in sectors like metallurgy, energy, IT, textiles, and tourism. Joint working groups discussed cooperation in hydrocarbons and SMEs, emphasizing training, capacity building, and technology transfer. Despite the EU crisis, bilateral trade grew by 6% in 2011-12. Romanian companies were encouraged to supply competitively priced inputs to India and participate in the India Show in the Czech Republic.

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