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India-France keen on early conclusion of India EU BTIA IKEA CEO meets Anand Sharma.

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....ndia-France keen on early conclusion of India EU BTIA IKEA CEO meets Anand Sharma. <br>News and Press Release<br>Dated:- 31-1-2012<br><BR>Press Information Bureau Government of India Ministry of Commerce & Industry 31-January-2012 18:43 IST India-France keen on early conclusion of India EU BTIA IKEA CEO meets Anand Sharma India and France have expressed keenness for an early closure of the In....

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....dia-EU Broad-based Trade and Investment Agreement (BTIA) negotiations. The Union Minister for Commerce Industry and Textiles Shri Anand Sharma met the French Minister of Foreign Trade Mr Pierre LELLOUCHE, in Paris yesterday. Both the leaders stressed the need for an ambitious and balanced EU-India BTIA. "This agreement will lead to increase of opportunities for market access in both goods and serv....

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....ices for both sides" Shri Sharma said during the meeting. They also reviewed the progress of bilateral trade. While expressing happiness over the growth in trade both the sides stressed the need for deeper economic engagement. Shri Sharma invited French investment in Automobile, fashion industry, IT, pharmaceuticals and energy. Mr Mikael Ohlsson CEO of the IKEA Group also met the Indian Minister ....

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....in Paris yesterday. Mr Ohlsson congratulated Shri Sharma for recent decision to allow 100% FDI in single brand retail. He also shared his views on the local sourcing clause in the FDI policy with regard to Single Brand retail. He informed that in near future he will be travelling to India to meet concerned officials and stakeholders. He conveyed to the minister that India is an important market an....

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....d Ikea would like to be involved in strengthening of SME's in India. ***** DS/gk<BR> News - Press release - PIB....