Wednesday, January 23, 2008

India To Strengthen Ties With Arab States

New Delhi: To encourage cooperation with Arab states, India is likely to finalise a memorandum of understanding with the League of Arab States, said Mr N. Ravi, Secretary (East), Ministry of External Affairs, while releasing FICCI-IAEF (Indo-Arab Economic Forum) publication. FICCI is also organising an India-Arab Investment Projects Conclave'' in April to focus on sectors like infrastructure, real estate & SEZs; engineering & construction; manufacturing; banking, venture capital & insurance; healthcare; education; IT & ITES; tourism & lifestyle amongst others. Dr Amit Mitra, Secretary General, FICCI, asked cooperation of the Ambassadors of Arab countries to mobilise participation for the India-Arab Investment Projects Conclave and asked them to bring projects which could be offered to Indian public and private sector companies.

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